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Economy Vocabulary Test Crossword
Down
:
1) natural, human, and capital resources we need to produce goods and services
2) tools, equipment, machines, and buildings which are used to produce other goods and services
3) when the production of a good is broken down into numerous separate tasks
4) not being able to have everything you want--it forces ytou to make choices
6) people who work in jobs to produce goods and services
7) something that one person does for someone else
9) people who make goods or provide services
10) the amount of money that is earned from providing a good or service; wage
14) the amount people pay when they buy a good or service--it is determined by the buying and selling decisions of consumers and producers
Across
:
5) when people and nations depend on one another to provide the goods and services they want
8) things found in nature that we use in production
11) when people work in jobs where they produce a few special goods and services
12) somethingpeople want that you can touch or hold
13) people who take the risk to start a business--they have to organize all of the productive resources
15) people who buy goods or services
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