Across
- 2. an organized way in which a state or nation distributes its resources and provides goods and services to the community.
- 6. A business owned and operated by one person
- 10. refer to tangible items that are produced and sold to consumers, such as clothing or groceries
- 12. are what a business owes
- 16. Anything a business does that helps it generate a profit
- 17. something essential to survival
- 18. is an organization or entity that provides goods or services to customers.
Down
- 1. a person who organizes, operates, and assumes the risk for a business venture.
- 3. the financial gain calculated by the difference between amount earned and amount spent by a business
- 4. A legal entity separate from its owners (shareholders)
- 5. refers to the performance of a particular task in exchange for money
- 7. A business owned by two or more individuals
- 8. the science of how individuals, businesses, and governments make decisions about satisfying unlimited wants with limited resources.
- 9. Law firms, medical practices, small tech startups are examples from our notes of which type of business ownership
- 11. what a business owns
- 13. a series of documents that serve as a blueprint for building a business
- 14. people who purchase the goods and services businesses offer
- 15. something we desire but could ultimately live without