principles of our market economy
business in the american economy
how businesses are owned
growth of wage labor
what is rise of labor union
100
land, labor, and capital
What is the three resources needed to create goods
100
entrepreneur
What is someone who creates a business
100
sole proprietorship
What is when 1 person owns a company
100
farmers
What is people who lived off the land
100
labor union
What is group of workers that join together
200
market price
What is the price at which buyers and sellers agree to trade
200
risk
What is something that starting a business includes(have to guess)
200
partnership
What is when there are 2 or more owners
200
industrialization
What is improvement of machines
200
slow down
What is when people go to work but work very slowly
300
interest
What is the payment for the use of capital
300
land, labor, and capital
What is using factors of production
300
70% percent of businesses
What is the amount of businesses that are sole proprietorship
300
low wages, 12-16 hours a day, children working in factories
What is poor working conditions
300
when people try to convince the public not to use a product
What is boycott
400
capital
What is anything created to make product or service
400
loan
What is something you get from the bank if you don't have enough money to start the business
400
stocks
What is a portion of a business that you can invest money in
400
better machinery
What is what led to less farm workers and more people in the cities
400
when the doors to a store/factory are locked so nobody can go in
What is lockout
500
law of demand
What is what price people are willing and able to buy a product for
500
payment
What is when you pay someone to lend you money
500
separate
What is when owners are separate than people who run it
500
skilled labor
What is being a blacksmith, taylor, or shoemaker
500
an act that forced people to negotiate
What is wagner act
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