Year 9 Economics Revision

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Across
  1. 6. The third phase of a supply chain.
  2. 7. The injection of the overseas sector.
  3. 10. The point at which supply and demand are balanced, resulting in stable prices and quantities in a market.
  4. 13. A mutual reliance between countries or economic actors.
  5. 15. When a country's imports is more than its exports is called a trade ___________.
Down
  1. 1. The increasing integration of economies, cultures, and societies through trade, investment, technology, and the movement of people and ideas across borders.
  2. 2. The government provides financial support to businesses or individuals to encourage production, reduce costs, or promote specific economic activities.
  3. 3. A major economic sector that generates income through travel-related spending.
  4. 4. A __________ event is any occurrence, planned or unplanned, that has significant economic, political, social, or environmental impact across multiple countries or regions.
  5. 5. The leakage of the government sector.
  6. 8. Taxes imposed on imported goods to protect domestic industries.
  7. 9. A situation where a country's exports is more than its imports is called a trade ____________.
  8. 11. What firms give to households for their labour.
  9. 12. The exchange of goods and services between countries or regions, enabling access to a wider variety of products and fostering economic relationships.
  10. 14. The fundamental economic problem of having limited resources to meet unlimited wants.