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Free Entgerprise Unit 1

HRicks

This is from the Unit 1 PowerPoint notes.

1 2
3         4         5  
     
  6     7              
8     9          
    10 11        
         
12                      
         
13                      
14          
           
    15                        
       
  16     17  
         
  18                              
         
19                              
     
20                
   

Across
3.Most common medium of exchange.
4.How bad consumers want or need a product.
6.Rewards or punishments for doing or not doing something.
8.How much & what kinds of products are on the market.
10.Products people buy.
12.Another name for benefits.
13.people who pruchse goods & services for their own use.
15.Results of our actions.
18.Workers & their skills that are used in production.
19.Machines, buildings, eqipment used in production of goods & services.
20.Sacrificing something we want for something we want more.
Down
1.What is given up to have an alternative.
2.Individuals, business, government/CFG.
5.Another name for costs.
7.Comes up w/ideas on how to combine other factors of production.
9.Those who provide goods & services for consumers.
11.Value of an alternative not chosen.
14.Goals met by an alternative.
16.Actions of value that people pay other people to do.
17.Not enought of a needed item.

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