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4. Only a few businesses sell all the products.
6. Around _________ of all startups fail within the first five years.
10. Type of economic system where consumers decide what will be produced; income determines who gets what.
11. $ left over after the cost-of-goods expense & operating expense are subtracted from the total income.
15. Type of economic system where the government owns the country's resources & decides how they will be allocated.
16. Positive (+) Money earned.
17. Doing nothing to reduce or eliminate a risk.
18. Negative (-) Money spent.
19. Organized ways in which countries handle their economic decisions and solve their economic problems.
20. Possible events or situations that directly influence a company's cash flow.
21. Potential events or situations that can cause injury or harm to people, property, or environment.
23. How much you sell something for.
25. Taking measures to reduce a risk and it's impact.
27. Price determines what consumers can buy.
28. $ left over after the cost-of-goods expense is subtracted from the total income.
29. Monetary reward business owners receive in return for business.

1. Individuals or businesses own resources and the means of production.
2. Individuals and businesses are the primary economic decision makers; government helps regulate and control the system.
3. How much something costs to make.
5. Type of economic system where the government plans, but supply and demand are considered.
7. Businesses and industries are owned and operated by private individuals or companies rather than the government.
8. Possible events that can result from employee actions, core processes, and daily business activities.
9. Consumers & businesses have the freedom to make decisions about what to buy, sell, and produce.
12. Type of economic system where there are no incomes, prices, or markets.
13. Possibility of loss or gain inherent in conducting business.
14. Type of risk that reduces or eliminates the risk by transferring it to another person.
22. Market is controlled by one business, no competition.
23. Can have significant impact on the company's long-term plans and concern for the overall business environment.
24. Businesses compete to attract customers by offering better products, services, or prices.
26. Choosing not to encounter the risk.