Economic Basics Crossword

The goods used to create another good or service
Having a limited quantity of resources to meet unlimited wants
what you give up when you make decision
The outcome or result of making a particular decision
Economy in which the central government makes all basic economic decisions
an economy in which individual consumers and producers make all economic decisions
factor that encourages people to behave in a certain way
good or service sold within a country that is produced in another country
something that keeps goods and services from entering a country
removal of trade barriers
struggle among producers for consumers' money
when a person becomes a specialist in completing one task in a larger project
prices in relation to one another in a market
the price at which the supply of a certain good meets the demand for a certain good
the relationship between prices and demand; if the price of a good increases, the demand will decrease and vice versa
an economy in which individual consumers and producers make all economic decisions
an organization of workers formed to protect the rights and interests of its members
a financial institution where people keep their money and receive loans
the labor used to create goods or services