Principles of Our Market Economy
Supply and Demand
Labor in American Economy
Rise of Labor Unions
Business in the American Economy
100
wage
What is the amount you are paid
100
demand
What is amount of a product or service buyers are willing and able to buy at different prices
100
Wagner Act and start of the CIO
What is the set for the modern labor movement
100
individual
What is a way of working in a labor union that has less power
100
entrepreneur
What is the person who starts their own business
200
circular flow
What is the circular motion of product and income of money
200
supply
What is how much of a certain product you are willing to produce at a certain price
200
Poor working conditions
What is putting people in dangerous positions and forces them to work longer hours
200
slow down, sit-down, boycott, strike
What is the weapons of labor
200
profit
What is the goal
300
capital
What is something used to create goods and services
300
lower price
What is more product will be purchased
300
children workers
What is who goes through the tiny openings to fix machines
300
scabs, lockout, yellow-dog contracts
What is the weapons of business
300
sole proprietorship, partnership, corporation
What is three ways businesses are owned
400
labor, land, and capital
What is in the circular flow of economic activity, producers need three things to create goods.
400
advertisements affect on supply and demand
What is more advertisement more the product is demanded
400
low wages
What is the result of a lot of people working at the same place at the same time
400
since 1930
What is the year that the rules changed for labor unions
400
more minds to make the right decisions
What is the advantage of partnerships and corporations
500
interest
What is the payment that producers exchange for the use of capital
500
brands
What is people will buy a known brand no matter the price
500
industrialization
What is what happened in the 1800s
500
less factory jobs
What is the economies shift to service
500
in order to raise large amounts of money
What is the corporations sell stocks
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