labor
market economy
business
key ideas
vocab
100
where most people worked in the 1800's
What is factories
100
the amount of product are wiling to offer
What is supply
100
businesses that have widespread production
What is big business
100
exchange for money and work
What is circular flow
100
not buying something
What is boycott
200
define labor unions
What is a organasation of workers that seek better working conditions or higher pay
200
define intrest
What is payment for capital
200
person who starts a business
What is entrepreneur
200
amount of product consumers are willing to buy
What is demand
200
things that employers and unions use
What is weapons of business
300
what are three union tactics to use in diputes
What is slowdowns, sit ins, strikes, or boycotts
300
where supply and demand meet
What is market price
300
money that helps start a business
What is a loan
300
business owned by an individual
What is sole proprietorship
300
unions and employers try to reach agreement
What is collective barganing
400
what are three employer tactics in a dispute
What is strikebreakers, security forces, lockouts, yellow-dog contract, and blacklists
400
a other influence on demand
What is popular brands, or quality
400
three factors of production
What is land, labor, and capital
400
occupation of early americans
What is farmer
400
refusing to work
What is strike
500
in 1975 how many millions of people were in labor unions
What is 19 million
500
how many market economies are in the world
What is 67
500
how businesses are owned
What is sole proprietorship, partnership, and corporation
500
how many hours did people work in factories
What is 12 to 16
500
unions in millions in 2005
What is 16 million
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