11.111.2 Word Scramble
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Question | Answer |
Business that takes place between states. | Interstate commerce |
Business that takes place within states | Intrastate commerce |
occurs when a company controls an industry or is the only one to offer a product or service. | monopoly |
occurs when a small number of companies control an industry | oligopoly |
group of companies that band together to form a monopoly and cut out competition | trust |
allow the Federal government to break up monopolies, regulate them, or take control of them | Antitrust laws |
legally enforceable agreement between two or more parties | contract |
occurs when one party fails to live up to the terms of a contract | breach of contract |
gives artists the legal right to own their creations | Copyright |
legal grant for the sole right to own an invention | patent |
trademark | name symbol, or a characteristic that identifies a product |
income that governments get from all sources | Revenue |
occurs when a business offers a public good orservice | Privatization |
monetary grants given to producers or consumers to encourage certain behaviors | Subsidies |
amount of money people and businesses pay governments to help run the nation | tax |
temporary reduction or elimination of a tax that is meant to encourage or discourage an activity | tax incentive |
*federal | of or relating to the central government or a ferderation as distinguishing from the governments of the constituent units |
*enable | to make possible, pratical, or easy |
*symbol | something that stands for or suggests something else b reason of re;ationship, association, convention, or accidental resemble |
*Registered | Enrolled formally |
*incintives | Something that incites or has a tendency to incite to determination or action |
*welfare | the state of doing well, especially in respect to good fortune, happinesses, wellbeing, or prosperity |
*ensure | to make sure, certain, or safe |
*allocate | To apportion for a specific purpose or to particular persons or things |
special tax benefit given to promote specific economic or social objectives | tax break |
government expense that is providd to help people | transfer payment |
items that consumers purchase directly from business | goods and sevices |
Created by:
Amber_Brasket
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