Across
- 4. Income flows which are added to the Circular Flow of Income model (investment, govt. spending, exports)
- 6. Financial assistance given to people by the Government
- 10. A system where factors of production are owned by the government
- 12. A system where all factors of production, distribution and consumption of goods and services are controlled by the government
- 13. A company which operates in several countries with its headquarters in the parent country. (Apple)
- 14. Raw materials used to make goods and services (land, labour, capital & enterprise)
Down
- 1. A company that operates in many countries with independent headquarters in each.(McDonald's)
- 2. A system which allows private ownership of the factors of production
- 3. Where actions by one party have impacts on another, particularly economically.
- 5. Complex group of firms in many countries each producing a component of a final product.
- 7. Place where goods and services are bought and sold (Coles, Seek.com, Fremantle markets) Same as Market
- 8. Place where factors of production are bought and sold.
- 9. The cost of the next-best alternative opportunity
- 11. An economy where people produce only enough goods and services for their own family