Starting a Business
Government policies toward competition
Organized labor
Organization and functions of the federal reserve system
Money supply and the economy
100
the extent to which comeptition prevails in particular markets
What is market structure?
100
because the same group of people in effect controlled both companies it was less tempting for them to compete with one another
What is interlocking directorates
100
to have some control over the wages they recieve as well as over other working conditions
What is why do workers organize into labor unions
100
is made up of a board of governors assisted by the federal advisory council
What is federal reserve system
100
involves changing the rate of growth of the money supply in order to affect the cost and available of credit .
What is monetary policy
200
Market sitution in which there are numerous buyers and sellers
What is perfect competition?
200
the law sought to protect trade and commerce against unlawful restraint and monopoly
What is the sherman antitrust act important
200
made up of skilled workers in specific trade or industry
What is craft union
200
federal reserve system
What is fed?
200
encourge economic growth
What is loose money policy
300
They can find out the lowest price of just about everything.
What is information is key how has the internet changed availability of information?
300
law to prevent new monopolies or trust from forming and to break up those that already exists.
What is antitrust legislation
300
made up of all the workers in an industry
What is industrial union
300
meets at least 4 times a year and reports to the board of government on general business conditions in the nation.
What is the responsibility of the federal advisory council?
300
control inflation
What is tight money policy
400
agricultural market
What is introduction in the United States what industry comes close to perfect competition?
400
to prohibit or limit a number of wery specific businesses practices that lessened competition substantially.
What is the purpose of the clayton act
400
the idea that workers as a group will have more influence on management than will individual workers acting alone
What is what idea are labor unions based on
400
check clearing, acting as the fed. government, state banks, supplying paper currency.
What is some of the main functions of the federal reserve?
400
to keep certain percentage of their deposits as cash in their federal reserve district bank
What is reserve requirements for a bank
500
it is highly dependent on conditions over which farmers have little or no control
What is why is the supply of most agricultural markets unique?
500
when the 2 corporations that merge are in the same business.
What is horizonal merger
500
because they realized the labor movement would make greater gains.
What is why did the AFL and CIO merge in the mid-1950?
500
involves changing the rate of growth of the supply of money in circulation in order to affect the amount of credit
What is how does monetay policy affect businesses?
500
credit is short supply and is expensive to borrow
What is what happens if the fed has a tight money policy?
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