Across
- 2. An activity that someone is paid to perform
- 4. The money received in payment for goods or services (rent, wages, interest)
- 5. The things that people sell
- 7. An economic system where property and business are owned by the government
- 9. What consumers are willing to buy at a given price
- 11. The money left over after all expenses are paid
- 12. The founder of a business
- 13. The name of Adam Smith’s idea of a free market economy
Down
- 1. A person who buys goods and services
- 3. The way people earn and spend money
- 6. People or businesses offering goods for sale
- 7. When different businesses compete for consumers’ money
- 8. The amount the seller has to sell at a certain price
- 10. The person who makes the goods