Across
- 4. Another way to reduce risk was through insurance, especially...
- 6. Founder of De Beers Diamonds
- 7. The control of a specific business and elimination of all competition
- 8. This became popular because companies encouraged their workers to participate
- 11. A system of economic protectionism and was replaced by a laissez-faire policy
- 12. When capital suppliers are not subject to the losses greater than the amount of their investment
Down
- 1. Began in a coffeehouse and helped establish the insurance industry
- 2. When the life of the corporation may extend beyond the participation of any of its incorporators
- 3. Those who operate across national boundaries
- 5. Scottish economist and philosopher who was a pioneer of political economy
- 9. This type of bicycle allowed people to travel faster, but the danger of falling over was higher
- 10. Individuals who buy partial ownership directly from the company when it is formed or later through a stock market.