Across
- 2. often refers to money but can also refer to machines and buildings needed for production
- 5. company that by law exists independently from it's owners
- 8. Inputs needed to produce goods & services--Land, Labor, & Capital
- 11. provide capital for businesses to expand
- 12. when one business dominates a particular product or industry
- 13. Legislation designed to end monopolies, but in reality had little effect
- 15. owner usually knows the employees, also called Mom & Pop Shop
- 17. issued by federal government giving the inventor the sole right to make and sell a product
Down
- 1. taking a risk by investing in a new company or product in hopes of big returns
- 3. keeps prices low
- 4. shares in a company
- 6. Inventions
- 7. buyer
- 9. economic system where the means of production are privately owned
- 10. when two companies become one
- 14. tax on imported goods
- 16. products made in the US and sold in other countries