Across
- 3. On the other hand, are those which are abundant in supply, usually referring to natural sources such as air and sunlight.
- 6. All natural resources in an economy. This includes the surface of the earth, lakes, rivers, forests, mineral deposits, climate etc.
- 8. Are the inputs required for the production of goods and services.
- 9. The ability of a worker to change occupations when they lose a job
- 10. The separation of tasks within a system, could be an individual, company or country who specialises.
- 12. The ease with which workers can move from one geographical area to another in order to secure employment
- 13. Not having sufficient resources to produce enough to fulfill unlimited wants.
- 15. The ability to take risks and run a business venture
Down
- 1. The resources of land, labour, capital and enterprise
- 2. The process of allocating resources in an economy, or between economies
- 4. The next best alternative forgone.
- 5. Goods and services which are scarce because of the limited availability of the factors of production
- 7. Is a system whereby workers concentrate on performing a few tasks and then exchang uction for other goods and services
- 11. All the human resources available in an economy. That is, the mental and physical efforts and skills of workers/labourers.
- 14. All the man-made resources available in an economy.