Unit One Vocabulary: Geography and History

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Across
  1. 4. a person, company, or organization that has an influence on the economy by producing, buying, or selling
  2. 6. tangible objects, such as a computer and flower
  3. 8. people who offer their work without being subject to the organization and management of another company
  4. 12. process of progressive liberalization of international trade that has led to a greater dependence between countries
  5. 14. a law relating to the rights and responsibilities of employers and workers
  6. 15. the money necessary to create the company and maintain its activity
  7. 17. a few companies sell a product and agree to fix the prices and conditions that suit them. In this case, the competition between companies is not real
  8. 18. people who do not work or look for employment
  9. 20. financial aids from governments to domestic companies
  10. 21. activities that do not produce material goods, such as health care or transporting people
  11. 22. a mandatory contribution to state revenue
  12. 27. economic sector that includes agriculture, livestock farming, fishing and forestry
  13. 28. agreement between the employer and the worker
  14. 29. the value of all goods and services in a territory. This indicator measures the total wealth of that territory
  15. 31. a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something
  16. 32. activity that consists of satisfying human needs through goods and services
  17. 33. economic system in which the motivation is making profits and is based on the free competition, the private property and the law of supply and demand
Down
  1. 1. workers
  2. 2. economic sector that includes industry, mining, energy and construction
  3. 3. people employed by a company in exchange for salary
  4. 5. agreement between the company and its workers after they have negotiated
  5. 7. a job that is not officially declared, so it’s not regulated by labor law. The workers do not have the social protection they would receive in formal work.
  6. 9. an economic theory that says that the amount of supply and demand determines the sale price of products and services
  7. 10. a labor relation based on an employment contract subject to the laws of the country
  8. 11. economic system in which the state controls all aspect of the economy
  9. 13. the material elements, such as buildings, machines, computer equipment, etc. necessary to maintain the activity of a company
  10. 16. a tax that has to be paid on imported goods when the goods arrive at the border of the destination country
  11. 19. economic sector that includes all services
  12. 21. economic system that is mainly based on the primary sector and in which any surplus is sold or exchange in the local market
  13. 23. a company controls the production and distribution of a product. As a result, the company can fix the price in the market
  14. 24. people who do not work
  15. 25. this indicator reflects the average wealth of the population by dividing GDP by the number of inhabitants.
  16. 26. the elements available in nature that can be renewable or nonrenewable
  17. 30. all the non-natural resources required for production