Across
- 2. the income of a government or business
- 4. personally owned property defined and protected by the government
- 5. the amount of a good or service that consumers are willing and able to buy at different prices during a given time period
- 11. the amount of a good or service that producers are willing and able to offer for sale at each possible price during a given period of time
- 12. the point where supply and demand meet; everyone who wants to sell at that price can sell, and everyone who wants to buy at that price can buy
- 13. the amount paid for an item or service
- 15. new methods, ideas, products, etc that generally make life easier
- 17. goods, services, and resources flow in one direction, and money flows in the opposite direction
- 18. how effectively a company generates products/services related to the time and money needed to produce them
Down
- 1. includes banks and credit unions. They receive deposits and make loans
- 3. a person who thinks of an idea for a new product or business and then works to build that business
- 6. form of business with two or more owners who share the risks and profits
- 7. form of business with one owner who takes all the risks and all the profits
- 8. an economic system that operates without undue government interference
- 9. the cost of borrowing money, or percentage paid by bank to encourage saving
- 10. money loaned to people or businesses to start or grow business
- 14. a form of business that legally acts as a single business entity, sharing ownership and profits, but with some financial protection for shareholders
- 16. money received for labor or products