Across
- 4. The reduction of industrial activity or capacity in a region or economy.
- 7. An individual that has an idea and intends to execute on that idea, usually to disrupt the current market with a new product or service.
- 8. A name for a market which is dominated by a few sellers, and therefore has less competition.
- 9. The process of putting a decision or plan into effect; execution.
- 14. An amalgamation or joining of two or more firms into an existing firm or to form a new firm.
- 16. Reduction of the general level of prices in an economy.
- 18. A general increase in prices and fall in the purchasing value of money.
- 19. A system or policy of economic self-sufficiency aimed at removing the need for imports.
- 21. A contract by which property is conveyed to a person for a specified period, usually for rent.
- 22. An efficiency or ease with which an asset or security can be converted into ready cash without affecting its market price.
Down
- 1. A condition or state in which economic forces are balanced.
- 2. A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP.
- 3. The legal procedure for satisfying claims against a mortgagor in default who has not redeemed the mortgage: satisfaction may be obtained from the proceeds of a forced sale of the property.
- 5. The reduction in value of a fixed asset due to use, obsolescence.
- 6. An increase in the supply of money and credit designed to cause such an increase.
- 10. An economic system (or part of a system) is ripe to be transformed into something else or heading towards decline.
- 11. An official ban on trade or other commercial activity with a particular country.
- 12. The process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality, while their prices remain the same or increase.
- 13. The theory that inflation is caused by an excess quantity of money in an economy.
- 15. Based or operating abroad in places where the tax system is more advantageous than that of the home country.
- 17. Exchange (goods or services) for other goods or services without using money.
- 20. The yearly income earned from an investment. It’s often expressed as a percentage.