Transfer of authority to provide a good or service from a government to individuals or privately owned

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Transfer of authority to provide a good or service from a government to individuals or privately owned businesses Write the letter of the term that matches each definition. Some terms will not be used.

a. business cycles

b. capital goods

c. capitalism

d. command economy

e. communism

f. demand g. depression h. economic wants i. human capital j. inflation k. labor l. mixed economy m. natural resources n. private property o. privatization p. recession q. socialism r. supply s. utility

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Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

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