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Economics vocab part 2

Across

  1. The major development of an increasingly diverse global economy
  2. Things you don't need.
  3. A person that takes a risk to produce a product to earn a profit.

Down

  1. When you are not able to purchase all goods that you want at the same time.
  2. Will distribute resources to consumers in the most effective and efficient way.
  3. The desire of a good or service from a consumer.
  4. Things you need to survive.
  5. The amount of money a producer gets minus expenses and labor cost.
  6. Materials you need to produce goods or services.
  7. Government control or rule over the economy.

Key

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Across

  1. globalization
  2. want
  3. entrepreneur

Down

  1. scarcity
  2. supply+demand
  3. demand
  4. need
  5. profit
  6. capital
  7. regulation