Interdependence Terms

5. – Money paid for using land, buildings, or property owned by someone else.
6. The ability to start and manage a business by taking risks and creating new ideas.
7. Money borrowed that must be paid back, usually with interest.
11. Resources from nature used to make products, such as water, land, trees, and minerals.
12. The money a business has left after paying all its expenses.
13. Spending money to improve future income or production.
14. – Payments made to someone for using their ideas, creations, or resources.
15. – Businesses that make goods or provide services to customers.
16. – People or families who earn money and spend it on goods and services.
17. Organisations like banks that manage money, savings, and loans.

1. – When people and businesses depend on each other for resources, goods, and services.
2. The movement of money between households, businesses, and banks in the economy.
3. Extra money paid for borrowing money or earned from saving money.
4. – Tools, machinery, buildings, and money used to produce goods and services.
8. The resources needed to produce goods and services: land, labour, capital, and entrepreneurship.
9. The movement of goods, services, and resources through the economy.
10. Activities or work done for others instead of selling physical products.