Unit 5 vocabulary Kinsley Tawzer

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Across
  1. 3. A physical item that can be bought for money
  2. 5. resources Resources supplied by nature that can be used to develop wealth for a country
  3. 6. work performed in exchange for money
  4. 7. The study of how people and countries make decisions about how to use their resources in the most efficient way
  5. 10. the difference of currency between two nations
  6. 11. when a country used its natural resources and skills to produce goods efficiently encourages trade between countries
  7. 13. Transporting goods to their final destination for consumer purchase
  8. 14. the increase in value in goods and services produced by an economy
  9. 15. People who perform labor: employees
  10. 18. buying goods or services
Down
  1. 1. manufacturing goods for consumer purchase
  2. 2. a government order that prohibits trade with other countries
  3. 3. the total market value of all goods and services produced by a country´s economy during one year
  4. 4. a person who takes risk of owning and operating a business
  5. 8. a tax or fee on imported goods
  6. 9. any physical manufactured asset used to develop wealth for a country
  7. 12. a country´s GDP divided by the population of the country
  8. 16. anything accepts as a means of exchange
  9. 17. a specific limit on the number of imports allowed to enter a country