Year 8 Economics revision

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Across
  1. 3. A person or group that uses goods and services
  2. 4. A business structure made up of two or more people who distribute income or losses between themselves.
  3. 5. amount people want to buy
  4. 7. Excess of production or supply
  5. 8. Bring (goods and services) into a country from abroad for sale
  6. 11. human skills and effort required to produce goods and services
  7. 13. The situation where a business sells the rights to distribute its products under its name to other individuals or businesses.
Down
  1. 1. individuals and businesses involved in the production of goods and services
  2. 2. The state of a country or region in terms of the production and consumption of goods and services
  3. 3. Is a legal form of business that’s separate from its owners, these owners buy shares in the company. Corporations operate with limited liability.
  4. 6. Send (goods and services) to another country for sale
  5. 7. amount of a thing
  6. 9. shopping you do at a clothes store
  7. 10. A state or situation which something needed cannot be obtained in sufficient amounts.
  8. 12. A relationship between buyer and seller