Economics

4. Goods and services bought from overseas
5. A company that operates in many countries with independent headquarters in each.(McDonalds)
9. Organisations that make goods and services
11. Final users of goods and services to satisfy their needs and wants
14. Money paid at a particular rate for the money lent
16. The cost of the next-best alternative opportunity
19. Ability to combine all resources to make something (plan, recipe, system etc)
22. Payment earned by entrepreneurs
23. Place where goods and services are bought and sold.
24. Basic units used to make goods and services
25. The study of how people use scarce resources to satisfy needs and wants
27. Basic necessities for life
28. A system which allows private ownership of the factors of production
30. Used to pay for goods and services
31. Where actions by one party have impacts on another, particularly economically.
32. Physical items used by consumer and services for a profit

1. Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
2. Institution which handles money for households and firms
3. Raw materials used to make goods and services (land, labour, capital & enterprise)
6. Purchase of new capital
7. Income flows which are added to the Circular FlowofIncomemodel (investment, govt. spending, exports)
8. Equipment used to make goods and services
10. Payment for use of land
12. Place where factors of production are bought and sold.
13. Organization with authority to make decisions for the population
15. All resources provided by nature
17. An organization that sells goods
18. Goods and services sold overseas
20. A system where all factors of production, distribution and consumption of goods and services are controlled by the government
21. All human effort, both physical and intellectual
26. Reward for the use of resources
29. Income flows that are removed from the Circular Flow model. (savings, tax, imports)