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Economic Fundamentals

Name:__________________________________
Horizontales
Tasks that people or machines perform for us
The application of science in business or industry
Qualities that people believe are important
Products that can be physically weighed or measured
Resources that comes from the air, water or earth
The next best alternative that is given up when a decision is made
Resources(like tools) used to produce other goods and services
A resource that replaces itself naturally or with some human effort
Verticales
The social science that studies the production, distribution, and use of goods and services
The desire for things not necessary for survival
The physical or mental energy people use to produce goods & services
Anything people use to make or obtain what they want/need
Things we have to have in order to survive
A physical resource that can only be used or once
Not enough of everything, so we have to make choices