Economics Ch. 1 Vocabulary Crossword Puzzle

An online crossword puzzle with 20 words. Play it free at AgileCrosswords.com.

Clues

• The study of a single factor of an economy-such as individuals, households, businesses, etc pg.3
• Focus of a worker on only one or a few aspects of production in order to improve efficiency. pg.10
• The level of output that results from a given level of input. pg.9
• Scientific and technical techniques used to produce existing products more efficiently or.. pg.7
• Study of how society chooses to use scarce resources to satisfy its unlimited wants & needs. pg.3
• Someone who studies economic theory and applies it to the real world. pg.3
• One who buys goods or services for persoal use rather than for resale or use in production.. pg.3
• Anything used to produce goods or services. pg. 4
• The fundamental condition of economics that results from the combination of limited.. pg.8
• To distribute scarce resources- such as money, land, equipment, or labor... pg. 8
• The direct exchange of goods and services without the use of money. pg. 15
• The worth of a good or service for the purposes of exchange, expressed as the amount of... pg. 17
• The study of an entire economy or one of its principle sectors. pg. 3
• Someone who undertakes and develops a new business enterprise or develops a new product.. pg.7
• The production of goods and services using the smallest amount of resources for the greatest.. pg.10
• A person, group, or business that makes goods or services to satisfy consumers' needs & wants. pg.3
• Any action or activity that is performed for a fee. pg. 4
• The sacrifice of one good in order to purchase or produce another. pg.11
• Process by which producers and consumers agree to provide one type of item in return.. pg. 15
• An object or material that can be purchased to satisfy human wants or needs. pg. 4

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