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factors productions

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factors productions
 

Crossword Puzzle

factors productionsOnline version

factors productions

by SAMUEL SPIR CARVAJAL
1

____ has a broad definition as a factor of production and can take on various forms

2

____ refers to the effort expended by an individual to bring a product or service to the market.

3

In economics, ____ typically refers to money.

4

The secret sauce that combines all the other factors of production into a product or service for the consumer market.

5

The process of making or growing something in large amounts.

6

the process in which someone or something grows or changes and becomes more advanced

7

An economic system where individuals own the factors of production.

8

An economic system where the government controls or owns major production resources.

9

Physical items used to make other goods (e.g., machines, tools).

10

Skilled labor that adds more value due to education or experience.

11

Transferring production tasks to external or foreign providers.

12

The part of output growth not explained by the basic four factors; reflects technology and efficiency gains. ( 3 letters )

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