Across
- 3. Economic system where individuals own most businesses
- 7. All the people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.
- 10. Government leaving the economy alone (hands off approach)
- 12. What is given up to choose another option
- 14. Item we would like to have but is not necessary for survival
- 15. A contractual agreement in which one firm permits another to produce and market its product and use its brand name in return for a royalty or other compensation.
Down
- 1. Spending your money on something that may grow in value
- 2. Are chartered by the government as an approved monopoly to perform services to the general public
- 4. A region where a group of countries agree to reduce or eliminate tariffs
- 5. Taxes on imported goods
- 6. companies that invest in new businesses in exchange for partial ownership of those businesses
- 7. Amount of goods available in the market place
- 8. People who buy and use products
- 9. concern businesses have for the welfare of society, not just for their owners.
- 11. General rise in prices - money is worth less
- 13. Nation's GDP divided by its population