1
It is a principle that describes how the prices of goods and services are determined based on the interaction between the quantity supplied by producers and the quantity demanded by consumers.
2
It is the sustained and general increase in the price level of goods and services in an economy.
3
It is a place or a mechanism that facilitates the exchange of goods and services between buyers and sellers.
4
It is the rivalry between companies or individuals that seek to achieve similar objectives.
5
is the growing interconnection of economies, markets and societies worldwide.
6
It is the measure of the total value of all goods and services produced within a country's borders in a specific time period.
7
is an economic indicator that represents the percentage of a country's workforce that is unemployed and actively seeking employment.
8
is the organizational structure and procedures by which a society allocates resources, produces goods and services, and distributes them
9
A single company controls the entire supply of a good or service in a market.
10
operates in several countries, but its presence does not necessarily imply the total interconnection of economies and societies
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