Stocks
This represents a part ownership of a company
What is a Share of stock?
These people help you buy stocks.
What is a stock broker?
This is a legal agreement to recieve cash, goods, or services now and pay for them in the future.
What is credit?
This is the sole supplier of a product with no close substitutes.
What is a monopoly?
The limited quantity of a resource to meet unlimited wants
What is Scarcity?
When you own a share or shares of a company you are this
What is a Shareholder?
What is borrow money from a bank or sell stocks?
These are plastic squares with electronic information that can be used to make purchases.
What is a credit card?
This is the struggle among firms for the dollars of the consumers
What is competition?
Producers will not or cannot offer goods or services at the current prices.
What is Shortage?
This type of stock gives you the right to vote at shareholders meetings.
What is a Common stock?
This is why most people buy stocks
What is an investment?
This is a loan in which the amount of payment are predetermined, such as automobile loan.
What is a installment loan?
Is the amount of profit one can make after producing and selling an item for less than the cost of making it.
What is Profit Margin?
Using resources in such a way as to maximize production or output of goods and services
What is Efficiency?
Dividend
What is the money paid by a company to its shareholders?
this stock doesn't give the right to vote but you do receive dividends.
What is a preferred stock?
A form of security to help guarantee that a creditor will be repaid
What is collateral?
This is the Hope of reward or fear of punishment that encourages a person to behave in a certain way
What is incentive?
This is the concentration of the production efforts of individuals and firms on a limited number of activities.
What is Specialization?
Stock Exchange
What is a market where buyers and sellers can connect?
Most stocks are bought and sold in this
What is a stock market?
Type of loan offered to students to assist in payment of the cost of education.
What is a student loan?
This is a necessary monopoly on certain goods like electricity or water.
What is a natural monopoly?
An organization that uses resources to produce a product which i then sells
What is a firm?