1. A .......... is the person who directs, supervises and operates a business or a section of a business. This person is in a management position but is not always the owner of the company.

2. When people or departments become highly-skilled in one area of production because they only create or produce one item or one part of an item, .......... occurs.

3. .......... is a system where products or parts of products move from one worker to another. This is an efficient system that is used in order to manufacture products in a highly productive manner.

4. When companies split up or divide workers' tasks so that each worker performs one job or task, the process is known as .......... .

5. Many companies around the world use .......... or make use of scientific advancements, to manufacture new and improved products every day.

6. .......... store huge amounts of information within computer systems that were not in existence 40 years ago.

7. In some nations, people and families are below the poverty level and are in need so they are given .......... in order to survive.

8. In a .......... economy, individuals and businesses own and make most of the decisions about resources. In this type of economy, the people own and control most of the production processes.

9. In a .......... economy, individuals and governments own and control production together. They both decide how resources will be used, what will be produced and who will buy and use the products.

10. Whether businesses manufacture goods or offer services, all of the money taken in by a business is called