Across
- 4. of production Land, labour, capital, and entrepreneurs
- 7. The aim of _____________ is to produce the goods and services that we want.
- 8. This factor of production refers to all natural resources which are free gifts of nature
- 9. There are _______ requirements for production of goods and services
- 10. Fixed factors of production consist of machinery, equipment and _____________.
- 12. capital Fixed capital and working capital forms part of ___________
Down
- 1. An ______________ take the risk of starting his own business
- 2. The money invested by the owner in the business
- 3. capital Raw materials and money in hand are called ____________
- 5. capital Sum of people's skills, abilities, health
- 6. The __________ of production are called the factors of production
- 11. Condition that results from not having enough resources to produce all the things we would like to have