Across
- 2. shares of ownership
- 4. money that a business has left after expenses
- 5. principle that business owners in a free market are allowed to run their businesses in any way they see fit, which little government interference
- 7. right to buy and sell goods as you want
- 11. items provided by nature without human intervention that can be used to produce goods and provide services
- 13. lack of a particular resource
- 14. economic principle that buyers will demand and buy more products when prices are low and fewer products when prices are higher
- 16. corporate profits paid to stockholders
- 17. small business owned by one person
- 19. what a company has when it is the only one selling a product or providing a service
- 20. economic principle that businesses will produce more products when they can sell them at higher prices and fewer products when prices are low
Down
- 1. organizations that provide goods and services without seeking to earn a profit for stockholders
- 3. person who organizes, manages, and assumes the risks of a business
- 6. economy in which people are free to obtain goods ad services in almost any way they want
- 8. people who buy corporate stocks
- 9. business in which two or more people share the responsibilities, costs, profits, and losses
- 10. economic system in which the means of production are owned by private citizens
- 12. type of business that is recognized as a separate legal entity
- 15. manufactured goods used to make other goods and services
- 18. human effort, skills, and abilities used to produce goods and services