Across
- 2. Failure When a business closes or is unable to meet its financial obligations, often due to lack of profit or poor planning.
- 4. The financial gain from business activity after subtracting expenses from revenue. It serves as the reward for risk-taking.
- 8. The benefit or return (often profit) received for taking a risk or making an investment in a business.
- 9. A person who takes the initiative to start a business, taking on financial risks in the hope of profit.
Down
- 1. The expenses incurred in operating a business, including labor, materials, rent, and utilities.
- 3. A motivating factor that encourages individuals to act; in this case, profit is the incentive to start a business.
- 5. The total income generated by a business from selling goods or services.
- 6. Economy An economic system in which supply, demand, and prices guide the production and distribution of goods and services with minimal government intervention.
- 7. The act of putting money, time, or resources into a business with the expectation of generating a return.
- 10. The possibility of loss or failure in a business venture; entrepreneurs weigh risks against potential rewards.