Year 9 Economics

1. A portion of a company that a regular person is able to buy to make the same portion of their profits
3. Physical items you can purchase
5. The process that links all of the countries of the world together, through trade, tourism etc.
8. A system that involves the production, distribution and consumption of goods and services
10. The problem of having unlimited wants, but limited resources
12. The resources a country has available for its businesses to use
13. When a business has an edge over the other businesses in their market
14. When the level of prices paid for goods and services increases over time

1. Non-physical items, that you hire people to make for you
2. Man-made resources that are used to produces goods or services
4. When you give up one thing, as a result of purchasing another
6. An individual who is hired by a company to perform tasks in exchange for a salary
7. All individuals that purchase goods and services for personal use
9. The sector of businesses or corporations that handle money, and the investing of money
11. The cost of loaning of money from the bank