Economic Key Terms Crossword Puzzle

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Economic Key Terms Crossword Puzzle

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QUESTIONS LIST:

  • scarcity : having unlimited wants and limited resources
  • economics : the study of how things are bought and sold
  • consumers : people who buy things
  • producers : people who make or sell things
  • opportunitycost : what you must give up to obtain something else.
  • good : any item that can be bought or sold.
  • service : any action for which a person is paid
  • demand : the number of people that want to buy something
  • supply : the number of items ready for sale
  • resources : used to produce goods or services; includes natural, capital and human