Across
- 3. - is the part of the economy owned and operated by individuals and companies, usually for profit, and is not state/government controlled.
- 4. - industry manufactures goods using the raw materials provided by the primary sector.
- 6. - an organization that combines factors of production to make products (goods and services) which satisfy peoples wants.
Down
- 1. - the value of the next best alternative given up when choosing one option over another.
- 2. - this term includes all of the natural resources provided by nature that are used in the production of goods and services
- 5. - the difference between the selling price of a product and the cost of bought in materials