1. Fill in the gap. Economics is the study of how societies use scarce ______.
2. Fill in the gap. In a market economy, prices are mainly determined by supply and ______.
3. Fill in the gap. A person who starts a new business is called an ______.
4. Fill in the gap. Buying and selling goods online is known as ______.
5. Fill in the gap. The exchange of goods and services between countries is called international ______.
6. Fill in the gap. When the demand for a product is high, the price usually ______.
7. Fill in the gap. The total value of goods and services produced in a country is its ______.
8. Fill in the gap. Money paid to the government from your income is called ______.
9. Fill in the gap. A ______ is a plan of your income and spending.
10. Fill in the gap. A person who travels for pleasure is called a ______.
11. Fill in the gap. Before you travel abroad, you often need to apply for a ______.
12. Fill in the gap. ______ tourism involves visiting natural areas without harming the environment.
13. Fill in the gap. The ______ industry includes hotels, restaurants, and tour guides.
14. Fill in the gap. When you book a trip, you might buy a package ______.
15. Fill in the gap. A popular type of vacation where everything is arranged by one company is an ______ holiday.
16. Fill in the gap. Tourism that focuses on the culture and history of a place is called ______ tourism.
17. Fill in the gap. The document that confirms your hotel reservation is a ______.
18. Fill in the gap. An important part of tourism marketing is creating an attractive ______ for a destination.
19. Fill in the gap. Travel ______ helps cover costs if you get sick or lose your luggage.
20. Fill in the gap. The main goal of a business is usually to make a ______.
21. Fill in the gap. Selling products directly to customers through a website is an example of ______.
22. Fill in the gap. A ______ is a new business idea that is often small and risky.
23. Fill in the gap. Goods brought into a country from abroad are called ______.
24. Fill in the gap. A person who buys goods or services is a ______.
25. Fill in the gap. A business agreement that allows someone to use a company’s name and model is a ______.
26. Fill in the gap. The money you need to start a business is called ______.
27. Fill in the gap. The difference between the selling price and the cost of making a product is the ______.
28. Fill in the gap. A ______ is a company that has complete control over a product or service in a market.
29. Fill in the gap. International trade requires knowledge of different ______ and cultures.
30. Fill in the gap. Before launching a product, a company often conducts market ______ to understand customer needs.
31. Fill in the gap. Choose two correct answers. In a competitive market, companies try to offer better ______ and lower ______.
32. Fill in the gap. Choose two correct answers. Working in the hospitality industry requires good ______ and ______ skills.
33. Fill in the gap. Choose two correct answers. Popular types of tourism include ______ tourism and ______ tourism.
34. Fill in the gap. Choose two correct answers. When planning a trip, it’s important to check your travel ______ and hotel ______.
35. Fill in the gap. Choose two correct answers. A successful entrepreneur needs to be ______ and ______.
36. Fill in the gap. Choose two correct answers. The main advantages of e-commerce are ______ and a wider ______.
37. Fill in the gap. Choose two correct answers. The main factors of production are ______ and ______.
38. Fill in the gap. Choose two correct answers. Tourism can boost a country’s ______ and create new ______.
39. Fill in the gap. Choose two correct answers. For a small tourism business, effective ______ and good online ______ are crucial.
40. Fill in the gap. Choose two correct answers. The government can influence the economy through ______ policy and ______ policy.
41. Fill in the gap. Choose two correct answers. When resources are limited, society faces the problem of ______ and must make ______.
42. Fill in the gap. Choose two correct answers. A good tourism advertisement should highlight unique ______ and exciting ______.
43. Fill in the gap. Choose two correct answers. To attract customers, a hotel might offer special ______ or a free ______.
44. Fill in the gap. Choose two correct answers. Companies involved in international trade must understand ______ and manage ______.
45. Fill in the gap. Choose two correct answers. A ______ is a document required for international shipping, and an ______ is a tax on imports.
46. Fill in the gap. Choose two correct answers. Travel insurance typically covers medical ______ and lost ______.
47. Fill in the gap. Choose two correct answers. Business insurance protects against potential ______ and ______.
48. Fill in the gap. Choose two correct answers. Two key elements for e-commerce success are a user-friendly ______ and secure ______.
49. Fill in the gap. Choose two correct answers. In the digital age, ______ and ______ are crucial for any business’s online visibility.
50. Fill in the gap. Choose two correct answers. The success of an export business depends on finding reliable foreign ______ and understanding international trade ______.