A form of business with one owner

Why do Virginia and the U.S. pursue international trade?

The use of technology does this to the cost of production

A form of business with 2 or more owners who share risk profits

A person who takes a risk to sell goods and services in search of profit.

A form of business authorized by law to act as a legal entity. Liability is limited to investment

A reason states and nations trade is to create

A reason states and nations trade is to buy goods at a lower

In the circular flow of economics, who sells resources and uses income to buy products?

In the circular flow of economics, who buys resources to make products?

In the circular flow of economics, who owns the resources?

In the circular flow of economics, who uses tax revenue to provide public goods and services?

Specializing in the production of certain goods and services promotes

A worldwide market in which the buying and selling of goods and services by all nations takes place

Banks, savings and loans, and credit unions are examples of

How do private financial institutions encourage saving and investing?

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