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100
An honest company will supply all the needed information to consumers about their products if__________________
They ask for it
100
What are the certain craft workers who joined together to start the first union?
Printers, Shoemakers, and Carpenters
100
What is it called when workers refuse to work unless certain demands are met?
A Strike
100
What happens if the sole proprietorship goes out of business?
The owner’s private property could be taken from them.
100
What was the final name of the industrial organization?
Congress of Industrial Organizations
200
What is the primary goal of businesses?
To make a profit
200
Why is a business both a producer and a consumer? Explain
Businesses must buy the materials needed to make their product, then they sell the products they make.
200
The Wagner Act allowed employees to do what?
It gave workers the right to organize unions and bargain with their employers.
200
Most businesses in the US are why type of business?
Sole Proprietorship
200
What is one of the functions of business?
To create jobs.
300
What are the 3 basic types of business?
Sole proprietorship, partnership, and corporation
300
The success or failure of a business can depend on...
Consumer spending
300
When Consumers spend money our whole ________________________ improves?
Economy
300
What is the government agency you can contact to check on a product or service?
Better Business Bureau
300
Which two types of business have unlimited liability?
Sole proprietorship and partnership
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