Chapter 11 Vocabulary

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