Entrepreneurship Club: Key Terms Crossword

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Across
  1. 2. When wants are greater than resources
  2. 5. A person who owns, operates, and takes the risk of a business venture
  3. 8. The amount of money one puts into a business as capital
  4. 9. When a small change in price produces a large change in demand
  5. 10. Striving for the same customer or market
  6. 11. Most businesses begin operations by borrowing
Down
  1. 1. Successful entrepreneurs must be ____because they need to think of new ideas for their businesses
  2. 3. the buildings, equipment, tools, and other goods needed to produce a product, or the money used to purchase these items
  3. 4. money that is left after all the expenses of running a business have been deducted from the income
  4. 6. A business undertaking involving risk
  5. 7. ____ businesses sell services rather than products