Across
- 5. The international exchange of goods and services expressed as a single unit.
- 6. The situation in an economy where the desires and needs of consumers control the output of producers.
- 7. The quantity of a good or service that consumers are willing and able to buy
- 9. The process of starting, organizing, and managing a new business venture.
- 10. Financial institutions that accept deposits and channel the money into lending activities.
- 11. The principle that the authority of a state and its government are created and sustained by the consent of its people.
Down
- 1. Individuals or companies that create or supply goods and services.
- 2. An economic system where private business operates in competition and largely free of state control.
- 3. The total amount of a specific good or service that is available to consumers.
- 4. People who buy and use goods and services.
- 6. The rivalry between sellers trying to achieve goals such as increasing profits or market share.
- 8. A system of government by the whole population, typically through elected representatives.
- 10. An organization or enterprising entity engaged in commercial, industrial, or professional activities.
