Industrial economics

2. market A system where goods are produced for profit in a market economy
3. A market where raw materials or goods are bought and sold in their original or unprocessed state
5. A system in which individuals or companies own and operate the means of production for profit
8. The application of scientific principles to industrial processes
9. A measure of the overall production of an industrial economy
10. The total value of all goods and services produced within a country's borders in a specific period
11. A facility where goods are manufactured on a large scale
13. The process of improving the efficiency of production through better use of resources
14. A period of rapid industrial growth and development
15. Raw material, often used in industrial

1. The use of machinery and technology in manufacturing
4. The process of converting raw materials into finished goods
6. The study of the allocation of resources in an industrial economy
7. A country's ability to produce goods and services efficiently compared to other countries
12. A person or entity that purchases goods or services produced by the industrial sector