Economic Terms Crossword Puzzle

QUESTIONS LIST:

• saving: when a person keeps their money instead of spending it.
• spending: when money or goods are traded or exchanged for other goods or services
• want: something that a person would like but is not necessary for their survival.
• specialization: when a company focuses on a small range of products in order to more efficient and their business more profitable.
• productivity: how efficient a good or service is produced in order to increase profit.
• opportunity cost: what people must give up in order to get what they want the most
• choice: a decision that must be made, the object or lesser value is given up and exchanged for something of more value.
• price incentive: something that motivates someone to buy an item.
• trade: the word for exchanging goods and services, sometime between countries
• seller: the person selling the goods or providing the service.
• buyer: the person receiving the goods or services.
• needs: what a person requires to live - food, water, shelter