Business & Economics Vocabulary: Test Part II

123456789101112131415161718
Across
  1. 3. places where goods and services are exchanged
  2. 5. anything that can be bought or sold; can be a good or service
  3. 6. the finanacial gain calculated byt he difference between amount earned and amount spent by a business
  4. 7. the science of how individuals,businesses,and governments make decisions about satisfying unlimited wants with limited resources.
  5. 9. the moral and social responsibility of businesses to demonstrate ethical behaviors in their policies and decision-making
  6. 12. a person who organizes, operates and assumes the risk for a business venture
  7. 14. an organized way in which a state/nation distributes its resources and provides goods and services to the community
  8. 17. money earned in exchange for work
  9. 18. the goods and services business use to meet customer wants and needs
Down
  1. 1. something we desire, but couldultimately live without
  2. 2. something essential to survival
  3. 4. refers to a specific company or organization
  4. 8. the aspects of making, selling and providing products in exchange for money
  5. 10. the production, distribution, and consumption of goods and services
  6. 11. performance of a particular task in sxchange for money
  7. 13. tangible items that are produced and sold to consumers
  8. 15. people who purchase the goods and services businesses offer
  9. 16. mandatory payments to the local state and national government for public services