Economics Unit 1

AID
COST
ECONOMICS
FACTORS
FINANCIAL
GOODS
NEED
OPPORTUNITY
PRODUCTION
RESOURCES
SCARCITY
SERVICES
TRADEOFF
TUITION
WANT

review of terms and concepts associated with Mrs. Batson's economics class: Unit 1

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Answer Key for Economics Unit 1

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Word	X	Y	Direction
AID	2	13	s
COST	9	4	n
ECONOMICS	14	7	sw
FACTORS	1	8	n
FINANCIAL	8	13	w
GOODS	3	3	s
NEED	10	10	w
OPPORTUNITY	8	8	se
PRODUCTION	4	4	e
RESOURCES	7	7	e
SCARCITY	15	7	s
SERVICES	9	7	w
TRADEOFF	8	8	w
TUITION	8	11	w
WANT	6	13	sw