Commerce Globalisation Crossword

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Across
  1. 2. This allows even unskilled workers with low levels of education to be involved in modern production.
  2. 3. An indirect form of tax that is applied on imported goods. Freer trade allows this to be reduced.
  3. 4. The removal of unnecessary, direct government controls, restrictions and supervision in various areas of the economy.
  4. 5. An indicator of the value of a nation’s output.
  5. 6. A negative aspect of globalisation, the result of workers often by multinational corporations when they are not protected by enforced labour laws in some countries (minimum wage and minimum working age).
  6. 8. One of the main causes for globalisation, where it describes the level of tangible and economic wellbeing for the population
  7. 11. What firms and corporations are aiming for to maximise resource usage.
  8. 12. The result of globalisation when some argues that it only helps the rich countries become richer and the poor countries stay poor.
  9. 13. Quantity limits or targets for production or imported goods.
  10. 15. The entity which provides us with natural resources, and gets increasingly damaged when globalisation is introduced to countries.
  11. 16. A cash payment by the government made to the producers to help them compete against overseas corporations by allowing their products to be sold at a lower price.
  12. 18. Goods and services that have been produced overseas and brought into the country for sale and distribution.
Down
  1. 1. Capital equipment installed by enterprises in order to help make other goods and services and to raise productive capacity.
  2. 2. As this gets cheaper, the more resources and production can be moved between countries.
  3. 7. The spread of business and international trade across national borders as if there was only one large market, implementing free trade between countries to maximise efficiency and profit.
  4. 8. Type of corporations that have a base in one country, with different operations expanding in other countries
  5. 9. A situation where average prices are rising while the population still earn the same amount of money.
  6. 10. The production of a limited range of goods by an individual or firm or country in co-operation with others so that together a complete range of goods can be produced with the most efficient use of limited resources.
  7. 14. These are designed to motivate hard work, effort and business expansions. This is involved with globalisation as it raises competitiveness of firms.
  8. 17. The sale of goods and services to overseas countries, opposite to import.