Across
- 4. To improve existing products
- 5. Raw materials that we get from the earth, water, and air
- 8. Demand decreases
- 9. Outdated/outmoded things that’ve been replaced by a new or improved product.
- 14. People that work to produce goods and services in a business
- 16. To come up with a new unique product/idea
- 18. Equipment, building, money, that is used to produce goods and services
- 20. Goods that are used and/or sold together
- 24. People or businesses that buy the goods or services
- 25. Means through witch goods and services are provided to consumers
- 26. Assistance provided in return for payment
Down
- 1. When businesses rely on many other businesses in order to keep going
- 2. people who use goods or services
- 3. Can not be perceived by touch
- 6. Necessary for survival
- 7. lowest point in the business cycle
- 10. Demand increases, production increases.
- 11. Recession, Depression, Expansion, Peak
- 12. Goods that can replace each other in use or consumption
- 13. Make products or provide services
- 15. Item that can be seen or touched but is not essential for survival
- 17. Not necessary for survival but makes life more enjoyable
- 19. Products that can be seen or touched
- 21. Increase in output, income, employment; highest point of business cycle
- 22. Items that can be seen or touched and are essential for survival
- 23. The production and/or sale of goods and/or services with the purpose of making a profit