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Economics 2024 *

Across
Limited quantities of resources to meet unlimited wants
Tangible acts fulfilled through the efforts of other people - hair stylist, chef
The quantity of product that customers are willing to purchase at a given price
Money received for work
Economic system in which most of the capitol resources are privately owned
Economic decisions are mad on heritage and customs
Exchange of goods and services
Percentage of a country's people who can read and write
Any official ban on trade with a particular country
Raw materials found in nature
Mixed economy in which most resources are privately owned by individuals
A product that is produced in this country but sold in another
Tangible goods available for purchase - iphone
Down
Struggle for customers between businesses in the same market
The concentration of productive efforts of individuals or businesses
The quantity of a product a business is willing to provide at a given price
A product that is produced in one country and sold in another
People who work
Man-made items: machinery, factories
Economic system in which the government has total control over economic resources and decisions
Required payment to a local, state or national government
A limit placed on the quantities of a product that can be imported
Study of producing, distributing and consuming goods and services