Economics and Business

Across

4. The sequence of processes involved in the production and distribution of a commodity.
6. At higher prices, sellers will supply more of an economic good.
8. A monetary measure of the market value of all the final goods and services produced by a country
9. A business going beyond the law to have a positive impact on society and reduce the negative impact on the environment.
14. Specific objectives related to the financial position of the business, such as profit or surplus, sales, and market share.
16. The ownership of a fraction of a corporation
17. This sector is made up of all bodies in national, state, and local governments. They receive taxation revenue from households and businesses. • They spend this money on public goods and services, such as roads, parks, schools, and hospitals.
19. A a deceptive scheme or trick used to cheat someone out of something, especially money.
20. The quantity of goods and services that producers are willing to offer for sale.
22. Something that will be used further along the production chain, such as flour made from wheat.
25. Unlimited number of shareholders & shares sold on the stock exchange.
31. Where a person uses information that is not yet available to the public to gain an advantage for themselves in the trading of financial products.
32. The economic problem of having unlimited needs and wants, but limited resources that can be used to achieve them.
33. An amount of money borrowed by one party from another.
34. A good or service that is desired, but which is not necessary for survival or to meet the basic standard of living in a community.
37. A forecast of projected income and expenses for a given period.
38. Tangible (physical) items that can be seen and touched and which satisfy individual and societal needs and wants.
41. A person or a group that is the final user of goods and services produced within an economy.
45. When the consumer obtains the finished product or service, such as retail.
46. These are currencies only available in a digital or electronic form, and not in the physical form
49. 2-50 shareholders only & shares can only be traded with the permission of other shareholders.
52. A good or service that consumers consider necessary to maintain their standard of living.
53. The percentage of people in the labour force who are unemployed
54. This sector is made up of banks and other financial institutions in the economy. They receive savings from households and businesses. They help households and businesses invest by lending them money.

Down

1. Resources that come from nature, from above or below the ground. These can include coal, fish, wood etc.
2. The use of raw materials. Includes farming, forestry, fishing, and mining.
3. Goods or services sold by one country to another country with the aim of extending sales and market penetration.
5. An advantage that a business holds over others in its industry, sector, or location.
7. The quantity of a good, or a service, that consumers are willing and able to purchase at a particular point in time.
10. A business owned and operated by one person.
11. Intellectual or physical skills of a worker that are needed to make a good or provide a service. This can include a store manager, bricklayer or nurse.
12. The value of the next best alternative that is foregone whenever a choice is made.
13. An arrangement by which a company provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment.
15. At higher prices, buyers will demand less of an economic good.
18. Expenses that represent those daily spending decisions like eating at a restaurant and drinking Starbucks.
20. Specific objectives related to the wellbeing of the community and or the environment.
21. When people choose between alternatives and use their scarce resources for those items that best satisfy their wants.
23. Consumer rights such as your right to a repair, replacement, or refund as well as compensation and being able to cancel a faulty service.
24. When products produced in the primary stage are made into various intermediate goods and finished goods.
26. This sector is made up of all businesses in the economy. They produce output (goods and services), which they sell to consumers and receive revenue. They may borrow money from, or save money with, the financial sector. They pay taxes to the Government.
27. The rate at which prices increase over time, resulting in a fall in the purchasing value of money.
28. A sum of money paid regularly by a company to its shareholders out of its profits.
29. An individual, group or organisation that has a vested interest in a business.
30. Putting money aside to spend at a later date.
35. Expenses that cost the same amount each month. These bills cannot easily be changed and are usually paid on a regular basis.
36. The total personal income minus personal current taxes.
39. All activities undertaken for the purpose of the production, distribution and consumption of goods and services in a region or country.
40. An unincorporated business structure with a minimum of 2 and a maximum of 20 owners.
42. Regular payments (9.5%) made into a fund by an employee towards a future pension.
43. Manmade resources such as machinery, buildings, roads, and bridges that are used to produce and transport the goods and services we purchase.
44. This sector is made up of individuals in the economy. They provide their time and skills to firms in exchange for income. They are consumers who buy goods and services from Firms. They may borrow from, or save money with, the financial sector. They pay taxes to the Government.
47. A good that is ready to be sold to its final consumer, such as a chocolate bar.
48. Individuals and businesses involved in the production of goods and services.
50. An individual who starts or takes over control of a business or independent organisation, often employing initiative, innovation and risk-taking.
51. Goods and services that are produced overseas and sold to Australian consumers.