Across
- 2. A cash payment by the government made to the producers to help them compete against overseas corporations by allowing their products to be sold at a lower price.
- 4. Type of corporations that have a base in one country, with different operations expanding in other countries
- 7. What firms and corporations are aiming for to maximise resource usage.
- 8. These are designed to motivate hard work, effort and business expansions. This is involved with globalisation as it raises competitiveness of firms.
- 9. The spread of business and international trade across national borders as if there was only one large market, implementing free trade between countries to maximise efficiency and profit.
- 11. A situation where average prices are rising while the population still earn the same amount of money.
- 12. As this gets cheaper, the more resources and production can be moved between countries.
- 13. The production of a limited range of goods by an individual or firm or country in co-operation with others so that together a complete range of goods can be produced with the most efficient use of limited resources.
- 15. This allows even unskilled workers with low levels of education to be involved in modern production.
- 16. The removal of unnecessary, direct government controls, restrictions and supervision in various areas of the economy.
- 18. Quantity limits or targets for production or imported goods.
- 19. An indicator of the value of a nation’s output.
Down
- 1. Capital equipment installed by enterprises in order to help make other goods and services and to raise productive capacity.
- 3. An indirect form of tax that is applied on imported goods. Freer trade allows this to be reduced.
- 4. One of the main causes for globalisation, where it describes the level of tangible and economic wellbeing for the population
- 5. A negative aspect of globalisation, the result of workers often by multinational corporations when they are not protected by enforced labour laws in some countries (minimum wage and minimum working age).
- 6. The result of globalisation when some argues that it only helps the rich countries become richer and the poor countries stay poor.
- 10. The entity which provides us with natural resources, and gets increasingly damaged when globalisation is introduced to countries.
- 14. The sale of goods and services to overseas countries, opposite to import.
- 17. Goods and services that have been produced overseas and brought into the country for sale and distribution.