Marketing Chapter 11: Role of Government in Our Economy

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Across
  1. 4. A company that controls an industry or is the only one to offer a product or service
  2. 8. The failure of one party to live up to the terms of a contract
  3. 11. Laws that allow the federal government to break up monopolies, regulate them, or take over them
  4. 13. Reductions in taxes that a government gives to a business or an individual to encourage a particular behavior
  5. 15. A legal grant for the sole right to own an invention
  6. 16. The income that governments get from all sources; the money that comes into a business from the sale of goods and services
Down
  1. 1. A small number of companies that control an industry
  2. 2. A legal agreement between two or more parties to do business
  3. 3. The exclusive legal right given to artists to own their creations
  4. 5. Grants given to lower costs
  5. 6. Business that takes place between states
  6. 7. Hiring a business to offer a public good or service
  7. 9. An amount of money people and businesses pay governments to help run a nation, state, county, city, or town
  8. 10. A name, symbol, or characteristic that identifies a product
  9. 12. A group of companies that band together to form a monopoly and cut out competition
  10. 14. Business within each state