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Unit 1 Vocabulary

British spelling (as in the book) is uesd.  Two-word terms are used with no space between words.  Good luck!
Across
Spending on capital goods
A product that requires resources to produce
Human effort used in producing goods and services
When there is not enough to satisfy everyone's wants
Gross minus depreciation
Goods and services produced by the factors of production
Down
A product that has no opportunity cost
Risk bearing in business
Factors used to produce goods and services
For example, coal, the sea, rivers, fish
The ability to change where something or someone works
Human made goods used in production