Economic vocab Crossword

Limited quantities of resources to meet unlimited wants.
Resources that are used to make ALL goods and services.
Food, air, and shelter and attention we desire.
The most desirable alternative given up as the result of a decision.
An alternative we sacrifice when we make a decision.
Natural resources that are used to make goods
The effort that a person devotes to a task for which that person is paid.
Any human-made resource that is used to produce other goods and services.
The process of designing, launching, and running a new business.
use an economy's resources.
choices
Satisfaction or utility that a person receives from consuming an additional unit of a good or service.
The cost of producing one more unit of a good.
The concentration of the productive efforts of individuals and firms on a limited number of activities.
elimination of government power in a particular industry, usually enacted to create more competition within the industry.
the state or quality of producing something, especially crops.
Situation in which allocation of goods and service is not efficient
theoretical socially-enforced constructs in economics for determining how a resource or economic good is used and owned.
service that is provided without profit to all members of a society, either by the government or a private individual or organization
product that must be purchased to be consumed, and its consumption by one individual prevents another individual from consuming it.
Where the government, rather than the free market, determines what goods should be produced
economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or free markets and economic interventionism.