Economics Crossword

anything thats used to produce goods or service
a condition in which our wants are greater than the resource available to satisfy those wants
The most highly valued opportunity or alternative given up when a choice is made
situation in which more of one thing neccessarily means less of something else
anything that satisfys a persons wants or brings satisfaction
something unable to be felt or untouched
something able to be felt or touched
a way to decide who gets what and how much of available resource and goods
The physical mental talents that people contribute to the production of goods and services
Refers to produced goods that can be used as resources for further production
Something that encourages or motivates a person to take action
Taking advantages of new and different opportunities
additional
out comes that are not the ones foreseen and intended by a purposeful action
Famous for the book Wealth of Nations
Resources provided by nature and used to produce goods and services
The knowledge and skills acquired by a worker
The resources used to produce goods and services; also known as production inputs or resource
The study of choices when there is scarcity.
an economic system based on private ownership of assets