Across
- 1. – the willingness and innovation needed to risk starting a business
- 3. starts – the number of new houses being constructed
- 5. – a measure of the efficiency of the production of goods and services
- 7. Domestic Product (GDP) – the market value of all goods and services produced in a country during a specific time period
- 9. wealth – the total value of wealth possessed by a nation’s citizens at a set point of time. This includes all wealth and all goods produced from any economic activity
- 10. cycle – a repetitive pattern of growth and decline in economic activity
- 12. proprietorship – a business owned and managed by a single individual
Down
- 2. sales – the total amount of sales for retail goods over a specified period of time
- 4. domestic product (GDP) per capita – the dollar value of all final goods produced within a nation’s borders during one year, divided by the population
- 5. – a business owned and managed by two or more individuals as co-owners
- 6. – a general increase in the price of goods and services
- 8. – a business owned by shareholders and managed by directors and executive
- 11. – condition in which those seeking jobs are unable to find jobs