Chapter 1 - Factors of Production

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Across
  1. 2. Physical facilities used to produce goods and services
  2. 4. Goods and services such as computers and software that make businesses more efficient and productive
  3. 7. Person who starts a new business, takes on financial and personal risks attempting to make a profit
  4. 11. Privately owned, intangible assets developed using people’s intellect and creativity
  5. 12. Physical products a business sells
  6. 13. The money a business brings in
  7. 15. Companies that do not pursue profits but instead service the community through social, educational, or political means
  8. 16. An intangible (Non-physical) product that is bought or sold (Typically performing a task for a customer)
Down
  1. 1. The resources used to create goods and services
  2. 3. The creating, organizing, and operating of a business using its resources
  3. 5. Money used to facilitate a business enterprise
  4. 6. Any physical or intellectual work that people contribute to a business’s production
  5. 8. Earned when a company’s revenue (the money it brings in) exceeds its expenses (the money it pays out)
  6. 9. Entities that offer products and services to their customers to earn a profit
  7. 10. Raw materials provided by nature that are used to produce goods and services
  8. 14. The money businesses pay out to help maintain operations