Key Terms Economics

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Across
  1. 6. Where two businesses agree to join forces and trade as one
  2. 7. The disadvantages of being a large business
  3. 9. companies voluntarily agree to create and follow their own code of conduct
  4. 10. Money provided by the government as an incentive to individuals or businesses to act in certain way
  5. 11. Where companies voluntarily agree to create and follow their own code of conduct
Down
  1. 1. Where individuals cannot afford things required for an adequate standard of living
  2. 2. A UK government organisation that prevents businesses taking advantage of their market position
  3. 3. Where a single supplier dominates the sales in a market and therefore has a degree of control over it
  4. 4. A tax on the import of goods
  5. 5. Money raised by the government by taking a share of the country’s income, spending and profits
  6. 8. The price of one currency in terms of another