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Entrepreneurship in the Economy

Horizontales
Government restrictions on international trade
Cash and goods a business owns
Quantity of goods and services consumers are willing to buy at a specific price and time
An incentive that encourages entrepreneurs to take business risks in the hope of making a profit
The price at which supply equals demand
A business that operates solely to serve the good of society
The suppliers and consumers control what is made and sold
A social science concerned with hw people satisfy their demands for goods and services when the supply is limited
Another name for the market economy
The government, consumers and suppliers decide what is made and sold
When there are not enough goods to meet the demand
Verticales
Goods and services that are sold to foreign countries
The government controls the allocation, production and prices of good and services
A fee on imports
Covers a limited area, such as a community or town
Where the supply curve and demand curve intersect
A transaction in which both suppliers and consumers believe they benefit
A limit on the quantity of a product that can be imported into a country
A method used by society to allocate goods and services among its people to cope with society
The flow of goods and services around the whole world
The quantity of goods and services a business is willing to sell at a specific price and time
Goods and services that are brought in from foreign countries