ECON Crossword

when the demand is more than the supply that is being put out
something that a person would like to possess, either immediately or at a later time
things that cannot be satisfied without social reproduction
include natural resources, human resources and capital goods (resources).
the resource that encompasses the natural resources used in production.
the study of all that affects these workers before, during, and after their working lives for example, childcare and education
consists of assets used for the production of goods and services
identified by the person’s eagerness and risk-taking ability to project their business into the realm of success
A cost or benefit that motivates a decision or action by consumers, businesses, or other participants in the economy.
the value of what you have to give up in order to choose something else
is often expressed as an opportunity cost which is the most preferred possible alternative
a graphical representation of combinations of amounts of two goods or services that an economy can produce by transferring resources from one good or service to another.
are items that add some kind of benefit to the lives of the people who consume them.
a transaction in which no physical goods are transferred from the seller to the buyer.
a measure of the benefit provided by a good or service to an economic agent.
the usefulness or enjoyment a consumer can get from a service or good
The net ownership of material possessions and productive resources.