GCSE OCR Economics Introduction 4.0 / 5 based on 2 ratings ? EconomicsIntroduction to basic economic problemGCSEOCR Created by: darren hollandCreated on: 25-05-15 16:00 97536841 Across 1. The market economy is based upon what mechanism? (5) 5. Another name for a centrally planned economy (7) 6. The basic economic problem is one of unlimited wants and needs but finite what? (9) 9. Interest is the reward for what factor of production? (7) Down 1. The reward for owning enterprise (6) 3. The concept of the next best alternative (11, 4) 4. The reward for owning labour (5) 7. Rent is this factor's reward (4) 8. The principle of the Division of Labour involves what? (14)
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