Chapter 1
Chapter 2
Chapter 3
Chapter 5
Chapter 6
100
Needs
what is are things you need to live called ?
100

Gross Domestic Product

what does GDP stand for ?

100
Imports
bananas,coffe, cocoa, spices, tea, silck, and crude rubber are what in the United States ?
100
The people born between 1946 and 1964
What is a baby bloomer ?
100
someone who takes a risk in starting a business to earn a profit.
What is an entrepreneur ?
200
Trade- off
what is it called when you aren't able to buy a pair of shoes because you decided to spend your money on a movie and pizza with your friends.
200
Four
How many phases are in a Business cycle ?
200
Infrastructure
What refers to a nations transportation, communication, and utility systems.
200
proprietorship,partnership,and corporation
What are the three major forms of business ownership ?
200
A Small Business
What is a business called when it has fewer than 500 employees ?
300
Mixed Economy
What type of economic system does the US have ?
300
Involves spending by business for items such as land, buildings, equipment, and new products.
What is the definition of Capital projects ?
300
Global Strategy
Coca-Cola uses the same product and market strategy worldwide. This is an example of ?
300
Mission Statement
" To inspire and nurture the human spirit—one person, one cup and one neighborhood at a time. " This is an example of a ?
300
No business plan
what is the main reason a business fails ?
400
Supply
What is the amount of of quality of goods/services are willing to produce called?
400
Equity
What is another word for stocks ?
400
WTO settles trade disputes and enforces free-trade agree- ments between its members
What does the WTO ( world trade agreement ) do ?
400
set a goal
What do you after you develop a mission statement ?
400
Ownership Structure
What does the source of owner-supplied money depend on ?
500
Higher
If you live in a part of town where there is only one supermarket, will the prices go higher or lower ?
500
Prime, discount, T- bill, treasury bond, mortgage, corporate bond, and certificate of deposit rate
What are the 8 type of interest rate
500
Quota , Tariff , and Embargo
What are three types of trade barriers ?
500
Proprietorship
What is the easiest form of business to start and end ?
500
Venture Capital
What is it called when a large investor helps you finance new products and new businesses that have a good chance to be very profitable ?
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