Ch. 4 Defining Private Enterprise
Across
- 4. enterprise, business/industry managed by independent companies or private individuals
- 7. not-for-profit organization founded for a religious, educational, social, or similar purpose
- 8. income earned by a business by selling their products or stocks
- 9. businesses that supply a good or service
- 11. a specific group of companies that have common business activities
- 13. businesses that purchase a vast amount of goods from manufacturers to sell them to other businesses
- 14. sector utilize materials produced from the primary sector to create goods
- 17. sector businesses that provide services to the economy, rather than goods, also known as the service sector
Down
- 1. private or corporate ownership of capital goods; investments that are determined by private decision; and prices, production, and distribution of goods determined mainly by competition
- 2. businesses that buy products from wholesalers and then increase the price of the goods to resell them
- 3. businesses that use raw materials to create goods
- 5. income spent by businesses
- 6. channel the path a good must follow in order to reach a consumer
- 7. businesses that sell goods without being involved in the creation of the products
- 10. a business that extracts natural resources from the earth for use in the creation of goods
- 12. market, businesses that sell to the government
- 15. enterprise business owned fully or in part by the government
- 16. sector companies that deal with the extraction and production of raw materials and natural resources (mining, farming, agricultural activities)