Unit 9 Vocab

1. Term for banks, savings and loans, and credit unions; all accept deposits of money, pay interest on deposits, and make loans.
6. The continuous flow of money, resources, goods, and services among individuals, businesses, and the government in the economy.
12. The point where supply and demand meet.
13. The growing world-wide markets and trade in goods and services.
15. The part of the economy that is run by individuals and companies for profit and is not state (government) controlled.
16. Type of bank open only to members of the sponsoring group, such as an employer or worker’s association.
18. prevent or get involved
22. A form of business organization that has two owners who share the profits of the company.

2. A form of business organization which often has large numbers of investors as part owners.
3. Payment made for the use of someone else’s money in a loan.
4. The amount of a product or service sellers are willing to sell at all possible prices.
5. Business or organization that takes in deposits of money and uses that money to make a loan.
7. A purchase of something in hope that it will increase in value over time.
8. Money available for investment in a business
9. A reason for doing something.
10. A motivation to do or not do something.
11. The amount of a product or service that will be purchased by buyers at all possible prices.
12. A person who starts a new business, in hope of making a profit from his or her effort.
14. not needed
17. Supply and demand are balanced.
19. Producing something without wasting materials, time or energy.
20. A form of business organization in which one individual owns the entire business and receives all of the profits.
21. power or authority