Economics Review - password is Economics Review

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Across
  1. 4. a person or business who sells or trades goods and services
  2. 7. a plan for achieving goals
  3. 11. a business or person who employs workers to produce goods and services
  4. 14. someone who is ignored or not accepted by the people around them
  5. 16. the machinery used to run a business
  6. 19. the amount of money a business earns after taking away the expenses that it has to pay
  7. 20. a person who works for a business or organisation
  8. 23. the percentage of people who are unemployed out of all the people who are able to work
  9. 25. any item or medium of exchange that symbolizes perceived value
  10. 27. an economic decision made because of scarcity
  11. 31. products traded within the market, items
  12. 33. the way participants in an economy rely on each other to provide the goods and services they cannot produce themselves
  13. 34. the amount of money a person who borrows money will have to pay the bank on top of the original amount borrowed
  14. 36. the innovation of individuals who combine the three factors of production to create a new product or service
  15. 39. the human resources used to help a business run
  16. 40. the exchange of resources among buyers and sellers
  17. 41. how scarce resources are distributed among producers
Down
  1. 1. a type of scarcity, the problem that arises due to the overall lack of a resource; it is finite
  2. 2. bringing in goods from another country
  3. 3. economic resources that are a part of a business
  4. 5. a series of questions that are asked to a group of people to gather information about a public opinion
  5. 6. the performance of an economy evaluated based on a number of objectives
  6. 8. the total value of goods/sevices produced in a country over a year, three words
  7. 9. when a business outperforms another with cheaper or better products
  8. 10. when a business focuses on producing one or few products to be more efficient in the area
  9. 12. the natural resources used in the production of a business
  10. 13. the money paid to an employee in exchange for their labour
  11. 15. the activity of buying, selling or exchanging goods or services between people or countries
  12. 17. the level of wealth, material goods, comfort and life necessities in a geographical area
  13. 18. what you miss out on when making a choice, the next best unchosen option
  14. 21. having a job the returns income for the work provided
  15. 22. things that we physically cannot survive without
  16. 24. a type of scarcity, the problem that arises due to our unlimited wants yet limited resources to fufil them
  17. 26. the study of how people use resources to satisfy their needs and wants
  18. 28. things that we desire but can survive without
  19. 29. the economic problem of society having unlimited wants but limited resources to support them
  20. 30. a person or business who purchases or trades for goods and services
  21. 32. services performed by others for consumers
  22. 35. natural or made materials that can be used to produce goods and services, can be divided into the four factors of production
  23. 37. sending goods to another country
  24. 38. the general increase in prices of goods and services