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Private Enterprise System
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economicsystems : a system for making decisions about how it will use its resources to meet the needs and wants of its people
privateenterprise : Individuals and group(rather than government ) own or control the economic resources used to produce goods amd services
marketeconomy : markets answer the economic questions of what, how, and for whom to produce
privateproperty : anything of value that people own
mixedsystem : individuals and businesses are the primary economic decision makers, while government helps to regulate and control the system
competition : a rivalry between two or more businesses to attract scarce customers dollars
profit : the monetary reward business owners receive in return for taking the risk involved in starting a business
profit motive : the desire to make a profit
pricedirectedsystem : price determine what consumers buy, which jobs they will take, the success or failure of businesses, and the types of products that will be produced
entrepreneur : to go into business for yourself
Private Enterprise System
Across:| 1. | a rivalry between two or more businesses to attract scarce customers dollars | | 3. | the monetary reward business owners receive in return for taking the risk involved in starting a business | | 4. | a system for making decisions about how it will use its resources to meet the needs and wants of its people | | 7. | to go into business for yourself | | 8. | individuals and businesses are the primary economic decision makers, while government helps to regulate and control the system | | 9. | price determine what consumers buy, which jobs they will take, the success or failure of businesses, and the types of products that will be produced |
| | Down:| 2. | Individuals and group(rather than government ) own or control the economic resources used to produce goods amd services | | 3. | the desire to make a profit | | 5. | markets answer the economic questions of what, how, and for whom to produce | | 6. | anything of value that people own |
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© 2015
PuzzleFast.com, Noncommercial Use Only
Private Enterprise System
Across:| 1. | a rivalry between two or more businesses to attract scarce customers dollars | | 3. | the monetary reward business owners receive in return for taking the risk involved in starting a business | | 4. | a system for making decisions about how it will use its resources to meet the needs and wants of its people | | 7. | to go into business for yourself | | 8. | individuals and businesses are the primary economic decision makers, while government helps to regulate and control the system | | 9. | price determine what consumers buy, which jobs they will take, the success or failure of businesses, and the types of products that will be produced |
| | Down:| 2. | Individuals and group(rather than government ) own or control the economic resources used to produce goods amd services | | 3. | the desire to make a profit | | 5. | markets answer the economic questions of what, how, and for whom to produce | | 6. | anything of value that people own |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only