Intro to Entrepreneurship Crossword
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
 
 
Down: 1) The process of recognizing or creating an opportunity, testing it in the market, and gathering the resources necessary to go into business2) Intangible (or non-physical) products4) An individual who undertakes the creation, organization, and ownership of an innovative business with potential for growth6) The total market values of goods and services produced by a nation during a given period8) The amount of a good or service that producers are willing to provide9) Something that you do not have to have for survival but would like to have11) The point at which consumers buy all of a product that is supplied12) The study of how people choose to allocate scarce resources to fulfill their unlimited wants14) A market structure in which there are just a few competing firms16) Refers to situations in which a change in price creates a change in demand17) Tangible (or physical) products19) The quantity of goods or services that consumers are willing and able to buy Across: 3) In this system, people have an important right to make economic choices5) A basic requirement for survival7) The periodic random pattern of expansion and contraction that the economy goes through10) A new business undertaking that involves risk13) The nature and degree of competition among businesses operating in the same industry15) Money that is kept after all expenses have been deducted from the income18) The resources businesses use to produce the goods and services that people want20) Refers to situations in which a change in price has very little effect on demand for products21) Occurs when demand exceeds supply22) A market structure in which a particular commodity has only one seller who has control over supply and can exert nearly total control over prices
 

 

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