Across
- 3. Institutions Organisations like banks and credit unions that manage money, savings, and loans.
- 7. People or families who buy goods and services and provide labour to firms
- 9. The ability to organise resources, take risks, and start a business.
- 11. Human-made resources used to produce goods and services, such as tools, machines, and buildings.
- 13. Businesses that produce goods or services to sell
- 15. Spending money to gain future benefits, such as buying equipment or shares.
- 16. Payments made to someone for the use of their property, ideas, music, inventions, or natural resources
Down
- 1. When people, firms, or countries rely on each other for goods, services, or resources
- 2. Resources Resources from nature used in production, such as water, land, forests, and minerals.
- 4. of Production The resources used to produce goods and services: land, labour, capital, and entrepreneurship.
- 5. Money borrowed that must be paid back, usually with interest.
- 6. flows The movement of money between households, firms, and financial institutions in the economy.
- 8. Payment for the use of land, buildings, or other property
- 10. The cost of borrowing money or the reward for saving money.
- 12. The money left after a business subtracts its costs from its revenue.
- 14. Non-physical products provided to consumers, such as teaching, healthcare, or transport
