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Unscramble Economic Concepts

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Unscramble Economic Concepts

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About this activity

Unscramble the economic terms

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Philippines

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Unscramble Economic Concepts
 

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Unscramble Economic ConceptsOnline version

Unscramble the economic terms

by Pajoyo, Reyrex C.
1

The social science that studies how people use scarce resources to satisfy wants and needs.

2

A system or process that explains how something works.

3

The process of distributing resources among alternatives.

4

The system by which goods and services are produced, distributed, and consumed in a society.

5

The process of creating goods or services.

6

A likely or possible result or effect of an action or decision.

7

A person who starts and runs a business, taking on financial risks in pursuit of profit.

8

The desire and ability to purchase goods or services at various prices over a period.

9

The amount of a good or service that is available for sale at a given price.

10

A group of people who work together toward common goals within a structured framework.

11

A set of entitlements or freedoms guaranteed to individuals.

12

A duty or obligation to perform or take care of something.

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