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| a business owned and operated by one person |
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| A person who has an idea which turns it into a business. They take a risk with their money. |
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| something or things you have to have to survive |
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| System where open competition and free enterprise exists. The owner's of the resources are the people. |
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| work done for others in return for money |
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| a legal concept-many people who own a business |
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| System of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. |
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| System of government in which the government controls the means of production, determining what good will be made, how much workers will be paid, and how much items will cost |
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| two or more people who share responsibilities |
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