Across
- 2. capital Initial investment for launching a business.
- 4. economy A system where the government dictates what to produce and how.
- 6. capital Funds for daily business operations.
- 10. economy Prices and production are determined by supply and demand.
- 11. sovereignty Products are based on what consumers want.
- 12. Promoting and selling products or services.
- 13. A person who assures to cover debts of another.
- 14. Resources and production controlled by individuals and companies.
- 17. market (Price system) A system where supply and demand dictate what's produced.
- 18. Plan A document outlining the strategy and objectives of a business.
Down
- 1. When the government has control over all resources and production.
- 3. system The way a country manages its resources and trade.
- 5. sovereignty Products are determined by government decisions.
- 7. Limited resources meeting unlimited wants.
- 8. Managing all aspects of business activity.
- 9. Money generated from sales or services.
- 11. Asset used as security for a loan.
- 14. or market system System in which prices and markets guide production.
- 15. Costs incurred in running a business.
- 16. Control and possession of something.