Across
- 3. The value of what is foregone, or the cost of giving something up to get something else.
- 5. perception Individual comfort levels with personal space and physical, which are often dictated in part by cultural standards.
- 6. The ability of a country to produce a good at a lower opportunity cost than another country.
- 7. Also referred to as the least‐developed or third‐world countries, nations that are at the lowest level
- 9. A move away from a resource‐based economy to a manufacturing base.
- 11. The attempt to influence business or government decisions toward an organization's desired goals.
- 12. the world’s economies.
Down
- 1. Recurring periods of increased and decreased economic activity or expansions and contractions.
- 2. The ability of one country to use its resources to make a product or service more efficiently
- 4. The total goods and services produced in one country in one year.
- 8. Major advancements in health care and technology.
- 10. other countries.