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Business Studies 1

Business Activity & Classification

                      1                              
            2                                        
                                                     
                                                     
                      3                              
4                                                    
                      5                              
                                                     
                                                     
                    6                                
                                                     
7                                                    
                                                     
                                                     
    8                                                
                                                    9
                      10             11     12          
                                                     
      13                                              
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
                                                     
Across Down
2 providing services in the economy
3 next best chance given up in favour of another choice
4 a business is owned by the government with the aim of providing public services
5 producing resources into finished good
6 businesses or workers focusing on what they are best at
7 individuals own a business with the aim of profit making
8 extracting raw materials directly from nature
10 focusing on manufacturing of goods by moving from primary to secondary sector
13 both private and public sector are in the economy
1 resources needed for the production of good/services
9 risk taking efforts
11 difference between the selling price and cost of production
12 lack of sufficient resources to meet the needs/wants of the people
Answer
 
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