Economics Quiz

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Across
  1. 3. the rivalry among businesses for consumer dollars
  2. 5. integration combination of one company or 2 or more stages of production normally operated by separate companies
  3. 9. buildings, equipment, tools, and other goods needed to produce a product or the money used to buy items
Down
  1. 1. integration process of a company increasing production of goods or services at the same part of the supply chain, can be by expansion or merger
  2. 2. person who organizes and operates a business and takes greater risk
  3. 4. exclusive possession of control of the supply or trade in a commodity or service
  4. 6. amount of money a person puts into a business as capital
  5. 7. economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
  6. 8. the capital raised by a business or corporation through the issue and subscription of shares