Across
- 4. The state of owing something, especially money.
- 7. The act of committing money or capital to a venture with the expectation of receiving a profit.
- 9. The ability to borrow money or the ability to obtain goods or services before payment.
- 12. The selection of one option over another, often with trade-offs.
- 14. Goods or services purchased from another country.
- 15. Items of value or utility, such as land, labor, capital, and entrepreneurship, used in the production of goods and services.
Down
- 1. The rivalry among businesses to attract customers.
- 2. Goods or services sold to another country.
- 3. Compulsory contributions to government revenue.
- 5. A general increase in the price of goods and services over a period of time
- 6. the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- 8. A medium of exchange (money) used in a particular country.
- 10. A significant decline in economic activity, often characterized by rising unemployment.
- 11. An itemized plan of expected income and expenditure over a specific period.
- 13. Assets, such as machinery, factories, and financial assets, that are used to produce other goods or services