The Economic Environment Crossword

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Across
  1. 5. A general rise in prices, causing money to lose its value
  2. 7. Goods and services sold by local businesses to overseas consumers
  3. 10. A joint dependence between participants in an economy; that is, he reliance of consumers, workers, businesses and governments on each other
  4. 12. goods and services purchased by local consumers from overseas businesses
  5. 14. money that is to the circular flow of income
  6. 15. The purchasing of goods and services to satisfy needs and wants
  7. 16. The swapping or exchanging of one good for another
Down
  1. 1. Either adding a new product to an existing product line, or significantly improving an existing product or process
  2. 2. The creation of goods and services
  3. 3. The process that sees people, goods, money and ideas moving around the world faster and more cheaply than before
  4. 4. A severe contraction in the level of economic activity resulting in many business failures, high and sustained levels of unemployment and sometimes falling prices
  5. 6. The price that must be paid in order to use someone else's money
  6. 8. A relatively mild contraction in the level of economic activity resulting in reduced spending, rising unemployment and slow rate of economic growth
  7. 9. money that is removed from the circular flow of income
  8. 11. all activities undertaken for the purpose of production, distribution and consumption of goods ad services in a region or country
  9. 12. Putting money into something in order to make a profit
  10. 13. Regularly putting aside some money for future use