Across
- 3. The difference between what was earned and what was spent in order to create the good or service
- 8. Unity of ownership in a publicly listed company.
- 9. Saving for retirement-contributions are made by an employer.
- 11. Buying, selling, or exchanging g/s between people or countries, etc...
- 13. Inputs from man-made goods, such as machines or computers, that are used to produce further goods or services.
- 14. A stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organisation in order to function effectively.
- 16. A scheme that is deliberately dishonest.
- 17. Having limited resources to achieve unlimited needs and wants.
- 20. Inputs from nature such as water, forests, and fertile land used in the production of goods/services.
Down
- 1. When a business is able to outperform similar businesses in a market.
- 2. The likelihood of loss.
- 4. A business or organisation hiring workers to perform specific tasks in return for payment.
- 5. Exchange of goods or services between buyers and sellers
- 6. Inputs from human efforts (physical and/or mental) used in the production of goods and services.
- 7. An individual who purchases goods or services for personal use
- 10. The cost of the next-best alternative use of resources.
- 12. A person's regular occupation, profession or trade / An organisation or enterprising entity engaged in commercial, industrial, or professional activities.
- 15. Sum or money that is still owed
- 18. The way scarce resources are distributed among producers, how scarce goods and services are divided among consumers.
- 19. The study of how people produce, consume, and share wealth