I Want a Job!
In the Poor House
Money, Money, Money, Money!
It's all Business
Misc.
100
This is the practice of contracting with an outside company to provide goods or services, often causing local workers to lose jobs.
What is "outsourcing"?
100
These is government economic programs that provide assistance to the needy.
What is welfare?
100
This is a type of money whose value is based on the type of material from which it is actually made.
What is commodity money?
100
This is any place or situation in which people buy and sell resources and goods and services.
What is a market?
100
This type of market is when the trend in stock prices is in a steady decline.
What is a bear market?
200
This is a term that also means temporary workers.
What are contingent workers?
200
This is health care for the poor that is funded by the government.
What is Medicaid?
200
This is the type of money that has worth, not because it is backed by tangible value, but because the government officially states it has value.
What is fiat money? This is currently the type of money the U.S. has.
200
This is the right to own businesses and resources.
What are private property rights?
200
This type of market is when the trend of stock prices is in a steady increase.
What is a bull market?
300
Jobs are relatively easy to find in this part of the business cycle.
What is expansion?
300
This is an unequal distribution of income among people in a country.
What is income inequality?
300
This method of banking is useful to banks because it saves the bank money by not having to hire as many workers.
What is an ATM?
300
This is the economic rivalry that exists between businesses selling the same or similar products.
What is competition?
300
This is the term for property that the bank can take if a borrower defaults on a loan.
What is collateral?
400
This is the percentage of the labor force that is jobless and actively looking for work.
What is the unemployment rate?
400
The poverty threshold differs depending on this factor.
What is the size of a household?
400
This is the term for paper money and coins.
What is currency?
400
This is when a government reduces or removes its oversight and control of a business.
What is deregulation?
400
An example of this type of transaction is trading repair work at an apartment building for a free apartment.
What is barter?
500
When the U.S. unemployment rate is at this acceptable level, it is considered at full employment.
What is 4-6 percent unemployment?
500
He declared a "war on poverty" as president, back in 1964.
Who was Lyndon B. Johnson? LBJ
500
This is the term for money that is backed by something tangible.
What is representative money?
500
According to Karl Marx, this period/era created wage slavery.
What is the Industrial Revolution?
500
This is included in M2 but not in M1.
What are savings deposits?
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