Economic Environment

2. A statement that makes a value judgement.
8. A person who operating within the context of a market economy ,seek to earn profit .
10. Cost The value of the bst alternative forgone in making choice.
11. Disparity difference found in various measures of economic well-being among groups , countries.
12. morality moral and ethical standards enforced in a society.
13. Model refers to the economic and social policies of ideal countries.

1. A good for which the choice of one use does not require that another be given up.
3. An economy moving from command to free market.
4. something whose value can change.
5. Stability is a goal of monetary and fiscal policy aim to support sustainable rates in economy.
6. A good for which the choice of one alternative requires that another be given up.
7. A particular section of populations.
8. relation between ttwo parties were work is paid.
9. sustained increase in price level of goods and services in an economy over a period of time.