Economics Topic 5 Vocabulary

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Across
  1. 3. two or more firms involved in different stages of producing the same good or service join together
  2. 4. is a business organization owned and operated by a group of individuals for their shared benefit
  3. 5. organizations that are dominated by white men
  4. 8. Is the legal obligation to pay debts
  5. 10. is a newer type of partnership recognized by many states
  6. 11. The most common type of partnership
  7. 14. a certificate of ownership in a corporation
  8. 16. A formal contract issued by a corporation or other entity
  9. 18. The ownership structure of a company or firm
  10. 19. a form of income for the stockholder
  11. 20. Are payments to employees other than wages or salaries
Down
  1. 1. Business owned and managed by a single individual
  2. 2. an authorization from the local government to operate a business
  3. 6. wage is the wage rate, or price of labor services, that is set when the supply of workers meets the deand for the workers in the labor market
  4. 7. is a semi-independent business that pays fees to a parent company
  5. 9. only one partner is required to be a general partner
  6. 12. no one business earns the majoritspecifice firms profits
  7. 13. a legal entity, or being, ownded by individual stockholders
  8. 15. is when compaines contract with another company to do a specfic job
  9. 17. demand demand for labor