ECONOMICS CROSSWORD PUZZLE

A basic condition that exist when unlimited wants exceed limited productive resources
Gifts of nature and natural resources
The physical abilities and time of human beings available to produce goods and services
Things used to produce goods and services PRODUCTIVE
Things that make life easier or better
These are things necessary for survival
This allocation strategy can be handled quickly and gives everyone who wants it an equal opportunity RANDOM
This allocation strategy allows people to receive a resource if they are 1st inline 1ST COME 1ST
This allocation strategy allows resources to be distributed based on need or merit PERSONAL
This allocation strategy can be used to distribute resources to the person who wins
The value of the next best alternative given up when we make a choice OPPORTUNITY
The available options we must choose from TRADE
There is no such thing as a free lunch
Tools, machines and skills, knowledge and training of human beings CAPITAL
Wanting more of a good than producers are willing to make or can make so there is a short supply
The government makes all the decisions COMMAND
To desire something and be able to pay for it
Individuals have freedom to start businesses and people can make choices BUT government is involved for safety, regulations, law, and defense MIXED
Sending jobs overseas because we can get goods cheaper
The extra money you pay when you take out a loan