Across
- 3. A formal ownership structure. It is a separate legal entity from the owners.
- 4. People who purchase goods and services from a market
- 6. A type of business where 2-20 partners join together to share decisions, costs and profits.
- 8. Workers who are responsible for producing your needs and wants
- 12. Things people do for others for payment
- 13. A business that is owned by one person, and that person makes the majority of decisions and provides most of the money needed.
- 14. We do not have enough resources to satisfy all our wants and needs
Down
- 1. The study of what to produce, for whom to produce and how to produce it
- 2. Things that allow us to enjoy a good standard of living
- 5. Money paid. A compulsory contribution to government revenue
- 7. Raw Materials used as input into creating needs and wants
- 9. Touchable material things we buy
- 10. A place for people to buy and sell goods and services. A place for consumers and producers to come together.
- 11. Goods and services we believe necessary for life