Across
- 4. An economic system in which the productive resources are owned by private citizens.
- 5. Shares of ownership.
- 10. Person who organizes, manages, and assumes the risks of a business.
- 11. People who buy corporate stocks.
- 12. Manufactured goods used to make other goods and services.
- 14. Business owners may operate however they see fit, with little direction or interference from the government.
- 15. Human effort, skills, and abilities used to produce goods and services.
- 16. The money a business has left after it has paid its expenses.
- 17. States that businesses will produce more products when they sell them at higher prices and fewer products when the prices are low.
- 18. A company is called this when it is the only company selling a product.
Down
- 1. Corporate profits paid to stockholders.
- 2. A business in which two or more people share the responsibilities, costs, profits, and losses.
- 3. Business organizations that provide goods and services without seeking to earn a profit for stockholders.
- 6. A type of business that is recognized as a separate legal entity.
- 7. The right to buy and sell goods as you want.
- 8. When economic decisions are made by people looking out for their own best interests.
- 9. States that buyers will demand a greater quantity of a good when its price is low.
- 13. Occurs when there are not enough resources to meet people's wants.