Across
- 2. A type of command economic system where society is dependent on the government for everything: food, jobs, entertainment, healthcare, and more.
- 4. A type of business (single word) that collects or takes from natural resources to then sell.
- 7. A business (single word) that is owned by, operated by, and functions for those who benefit from and use its services.
- 8. A business (3 words, no spaces) in which the owner’s personal financial and legal matters are separated from the business’.
- 11. A type of business (single word) that produces or makes something for the customer.
- 12. A tangible object that is useful to a consumer.
- 14. A general type of economic system (single word) where a dominant centralized authority holds control over the region’s most valuable resources.
- 16. A type of command economic system where the government controls production, pricing, and distribution of goods. Property and resources are owned in common or by the state.
- 18. A type of partnership (2 words, no spaces) where one, main partner is 100% liable for the business’ debts, while the other partner’s liability is limited to the amount they initially invested.
- 21. A business (2 words, no spaces) that is owned and operated by one owner.
- 22. A company that purchases goods from wholesalers in bulk and then sells to final customers in smaller quantities (typically at a higher price).
- 23. A member of the public who invests money in a public company.
Down
- 1. A type of partnership (3 words, no spaces) where both partners’ liability is limited to the amount they initially invested in the business.
- 3. A general type of economic system (single word) that is a combination of a command system and a market system.
- 5. A company that purchases goods from manufacturers in bulk at a discount and then sells to retailers (typically at a higher price).
- 6. A type of business (single word) that sells items or goods to a final customer.
- 9. The way a country or region makes and offers goods and services using their resources (production), and how they are divided up amongst members of the country or region (consumption).
- 10. A business (single word) that is owned and operated by members of the public who invest money in the company, called “shareholders”.
- 13. An individual who develops a business or enterprise around an unique, creative innovation.
- 15. A type of market economic system where private entities own the factors of production, not the government. Regulation comes from the relationship between supply and demand.
- 16. A type of business (single word) that performs a service for the customers opposed to providing them with a physical item / good.
- 17. A general type of economic system (single word) where a centralized authority holds little to no control over the region’s resources and does not interfere with segments of the economy.
- 19. Inputs used to make outputs.
- 20. An intangible task or act performed for a customer for a price or fee.