Economics Summative 2

In the circular flow model who owns resources?

Competition in the market places leads to...

Complete this state: People give companies resources and in return the companies create...

The Freedom to buy what ever you want in the American Economy is called?

Banks and credit union primary functions are to...

How does your bank account make money for you while you do nothing?

Import means?

What type of company has the least amount of risk for the owners?

The Innovation of Technology has lead to cost of production to increase.

A person who creates a business is called?