Economics terms
Across
- 2. the amount a country earns within a specific time
- 4. the human effort required in the production process
- 5. what is it called when we have unlimited wants but limited resources so we have to make a choice?
- 8. the use of machines to speed up production
- 9. when workers focus on specific tasks because the labour process is divided into stages
Down
- 1. man made resources that are used in the production process
- 2. the GDP divided by the population
- 3. a person who takes risks by combining resources to create a new product
- 6. when we purchase something we no longer have the buying power to purchase something else
- 7. a naturally occurring resource