Economics Crossword

something like air, food, or shelter
an item that we desire, but don't need
the study of how people seek to satisfy their needs and wants by making choices
physical objects such as clothes or shoes
actions or activities that one person performs for another
limited quantities of resources to meet unlimited wants
a situation in which a good or service is unavailable
land, labor, and capital
natural resources that are used to make goods and services
the effort that people devote to a task for which they are paid
any human made resource that is used to create other goods and services
all human-made goods that are used to produce other goods and services
the skills and knowledge gained by a worker through education and experience
ambitious leader who combines all factors of production to market new goods
an alternative that we sacrifice when we make a decision
a phrase that refers to the trade-offs that nations face
the most desirable alternative given up as the result of a decision
using resources in such a way as to maximize the production of goods and services