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Chapter 1 Economics Crossword

Across
Things we don't need but would love to have
The work put in
_____capital: labor put into a job
Condition where unlimited human wants face limited resources
____labor: the breaking up of jobs
The cost of the next best alternative use of money
Land, labor, capital, entrepreneurs
An accumulation of goods
Tools used for production
Risk takers
Down
Help to succeed your wants or needs
Good or service providing satisfaction
Things that are necessary for survival
"gift of nature"
Our tangible wants
Came up with the theory of "the invisible hand"
Description, analysis, explanation, and prediction
Focusing on one specific thing
Alternative choices
Why something is worth more
The study of ow people satisfy their wants with scarce resources
Individuals who purchase goods and services
Tools, equipment, machinery, etc.
How much something is worth
Satisfy economic wants