Business includes the ____ of all commercial producers of ____ and services. The three major forms of business are: ________, partnerships and ____. When a private company is bought by the state and brought into public sector, the process is called ____ . People who start their own companies are ____. If a person gets higher salary or position, he becomes ____. All economic questions arise from the ____ fact of ____. ____ is concerned with the functioning of the overall economy. Economics studies human activities which can be grouped under three broad headings: production, ____ and ____. As the resources are often ____ economics ____ with their rational ____. The interrelationships between supply and ____ are often referred to as ____. The word economics comes from the Greek word oikonomos which means '____'.

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