ACROSS
5. _____________ occurs when there is a decline in the importance of the secondary sector.
7. The _____________ sector consists of organisations owned by the government. The
government will make decisions on what and how to produce (i.e., healthcare, education, defense,
public transport). The main aim is to provide a service to customers.
11. _____________ – extraction of natural resources. Ex. farming, fishing
12. The _____________ sector consists of businesses NOT owned by the government. They will
make their own decisions on what and how to produce. The main aim is to make profits.
DOWN
1. _____________ is the process of taking privately-controlled companies and putting them under
the control of the government.
2. ___________ (also known as factors of production) include Land, Labour, Capital & Enterprise.
3. ____________________ is when production is split into different tasks and each worker
performs one/two of these tasks.
4. _________________ is when people and businesses focus on what they are best at.
6. _____________ – provides services/products of value. Ex. hairdressing, banking
8. _____________ refers to the selling of a public sector business to the private sector.
9. _________________ combine scarce factors of production to produce goods or services to
satisfy people’s wants.
10. A _____________ has both a private sector and a public sector.