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What is Economics

Teacher: madi
Across
Work that is performed for someone.
alternatives that must be given up when one is chosen rather than another
Risk taking individual in search of profits.
A ____ is a way of expressing a need.
A ____ is a basic requirement for survival.
Tools, equipment, and factories used in the production of goods and services
Down
The process of creating goods and service.
Refers to a worth that can be expressed in dollars and cents
The condition that results from society not having enough resources to produce what they would like to have.
Sum of tangible goods that are scarce, useful, and transferable from one person to another.
The capacity to be useful and provide satisfaction.
"gift of nature"
People with all their efforts, abilities, and skills.