Civics Vocab Choice Board Crossword

The study of how people satisfy seemingly unlimited competing wants with the use of scarce resources.
Limited quantities of resources to meet unlimited wants.
Factors of production that are used to make goods and services.
Materials found in nature that are used by living things.
People, such as the personnel of a given company, institution, or country.
Any human-made resource that is used to create other goods and services.
The combining of human, natural, capital and entrepreneurship resources to make goods or provide services.
What is given up when a choice is made.
The using of goods and services. Consumer preferences and price determine what is purchased and consumed.
The amount of a good or service that producers are willing and able to sell at a certain price.
The amount of a good or service that consumers are willing and able to buy at a certain price
People who use the goods and services created by producers.
Those who use their skills and effort to produce goods or services for consumption by the consumer.
Tangible products that we use to satisfy our wants and needs.
Intangible activities that are performed by other people for money/productive acts that satisfy economic wants.
Goods used as inputs in the production of other goods including final goods.
The amount of money exchanged for a good or service
Advantages that help businesses, such as lower taxes, cheaper land, and employee training programs.
Economic systems in which some allocation of resources is made by the market and some by the government.
An economy where the government imposes few or no restrictions and regulations on buyers and sellers.
An economic system in which decisions are made by political authorities rather than influenced by market forces.
Economic system that relies on habit, custom, or ritual to decide questions of production and consumption of goods and services.
The process of starting, organizing, managing, and assuming the responsibility for a business.
A business with multiple owners, each of whom has invested in the business.
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
The central bank of the United States, it was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
An establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial services to its customers.
A nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates.