Across
- 2. - A business that is formed with a plan
- 4. - The study of the interaction between people in an economy
- 5. - Areas with tax incentives to start businesses
- 7. - When a business closes and cannot repay it’s debts
- 9. - Actions performed for money
- 10. - Something someone has to have to survive
- 13. - The items required to start a business
- 14. venture organization - A new business that is formed that expects profit to file
- 15. - Something that someone does not need
- 17. - The fluctuation of the economy between expansion and recession
- 19. - When a good or service is stopped from being sold
- 22. - When one company holds all firms in a specific market
- 23. - The total value of all final goods and services
- 24. - The quantity consumers are willing and able to buy
- 26. - Land, Labor, Capital, Entrepreneurship
- 27. - The quantity the producers are willing and able to sell
- 28. - How much the government interferes in the economy
Down
- 1. enterprise system - A system where private firms compete with little government control
- 3. - As the price increases demand increases more
- 4. - The action to start a new business
- 6. - THe chance to do something
- 8. - All money that a business makes after paying for resources and paying its debts off
- 11. - A point where no one is better off
- 12. - When there are not enough resources to satisfy the wants of all consumers
- 16. - THe more you consume the less utility it brings you
- 18. - Someone who has an idea and turns it into a business
- 20. - When there are only a few competitors in a given market
- 21. - Tangible products
- 25. - As the price increases demand does not decrease as much