Personal Finance Chapter 1 Part 1 Crossword

The Study of the decisions that go into making, distributing, and using goods and services.
Something you give up to get something else.
This requires that people decide which goods and services to use or not use due to limited resources and unlimited wants.
Resources needed to produce goods and services.
Natural resources that exist and were not created by people.
The work that people do and includes all of their abilities, efforts, and skills.
Manufactured goods used to produce other goods and services.
Refers to the ability of individuals to start new businesses, introduce new products, and imporve business processes.
Distributes the limited resources it has to provide the goods and services you need and want.
How a nation makes decisions to allocate its resources.
Economic questions are answered by customs and traditions.
The exchange of products without the use of money.
A system in which a central authority controls all economic decisions.
In this type of economy supply, demand, and a system of procing allow people to make the economic decisions through free interaction.