Economics (Basic)

1. When the economy is not doing well, people worry about losing their jobs or being made ______.
3. The world economy; the economy of all humans of the world is called __________ economy.
5. An _________ is a system for allocating resources to meet people's needs and wants.
6. The shopping centres have a lot of _______ for consumers.
8. Some fruits and vegetables are ______ in markets sometimes because those fruits or vegetables grow only at certain times of the year.
9. Things that you must have in order to survive.
12. There are different kinds of ________. Some natural _______ of New Zealand include gold, iron, coal and silver.
13. to buy and sell things, especially between countries

2. _________ is a study of how people satisfy their unlimited desires with scarce resources.
4. A situation that means people do not have jobs.
7. an individual or organization that makes or provides goods and services to fulfill consumers’ needs and desires.
10. When you spend lots of money at the hairdressers, you expect excellent service.
11. People who personally buy or use a product.