Economics

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Across
  1. 1. Activities done for people by others.
  2. 3. Something accepted as payment for goods and services.
  3. 6. Trading goods or services without using money.
  4. 7. Sector Provides public services and collects taxes.
  5. 10. Organisation A not-for-profit organisation that helps others.
  6. 11. A person who buys or uses goods and services.
  7. 12. Things people must have to survive.
  8. 14. The resources available to a person or group.
  9. 16. Break information into parts and identify patterns or relationships.
  10. 17. A person or business that makes goods or provides services.
  11. 18. Cost The next best alternative given up when making a choice.
  12. 19. Money collected by government to pay for public services.
  13. 23. Values Values that are important to many people in society.
  14. 26. The amount consumers are willing and able to buy.
  15. 27. Industry Produces raw materials from natural resources.
  16. 28. The result of an action or event.
  17. 30. When there are not enough resources to satisfy everyone's wants.
  18. 31. of Living The cost of everyday necessities such as food, housing and transport.
  19. 32. Flow Model A model showing how money, goods and resources move around the economy.
  20. 33. Give the key features or characteristics.
  21. 36. Explain similarities and differences.
  22. 38. Judge strengths, weaknesses and importance.
  23. 41. Organisation Owned or operated by the government.
  24. 42. Support an opinion or decision using evidence.
  25. 44. Buying and selling goods and services.
  26. 46. Selecting between different options.
  27. 47. Business A business owned by individuals or companies.
  28. 49. Physical items that can be bought and sold.
  29. 50. (Gross Domestic Product) The total value of goods and services produced in a country.
  30. 51. The amount producers are willing and able to sell.
  31. 52. Sector Trade between New Zealand and other countries.
Down
  1. 2. Give reasons showing how or why something happens.
  2. 3. A place where buyers and sellers interact.
  3. 4. Sector Organisations that manage money and provide financial services.
  4. 5. Budget A plan showing government income and spending.
  5. 8. A general increase in prices over time.
  6. 9. When supply is greater than demand.
  7. 13. Things people would like to have but can live without.
  8. 15. When demand is greater than supply.
  9. 20. A compromise made when choosing one option over another.
  10. 21. Growth An increase in the amount of goods and services produced.
  11. 22. The amount paid for a good or service.
  12. 24. Tax deducted from wages before workers receive their pay.
  13. 25. Sector Individuals and families who earn and spend money.
  14. 27. Decide what is most important.
  15. 29. Meeting today's needs without harming future generations.
  16. 34. Indicators Statistics used to measure how well an economy is performing.
  17. 35. Focusing on producing a particular good or service.
  18. 37. Sector Businesses that produce goods and services.
  19. 39. People who want work but cannot find a job.
  20. 40. Industry Provides services to customers.
  21. 43. When people, businesses and sectors rely on each other.
  22. 45. Industry Turns raw materials into finished products.
  23. 48. Personal beliefs that influence decisions.