Needing money for long term expenses, big purchases, and unexpected expenses such as car repairs are reasons to do this
What is saving money?
These are the two main groups that banks bring together
Who are savers and borrowers?
This is when two people own a business together
What is a partnership?
This is a group that a person can join that offers them protection, expert negotiators, and potentially other advantages in the workplace
What is a union?
This superhero is known as the "Dark Knight"
Who is Batman?
This is the legal tender of the United States
What is the US Dollar?
This is when you take money from a bank and are expected to pay it back to them overtime
What is a loan?
this is the most common type of business
What is a sole proprietorship?
This is what it is called when union representatives negotiate on behalf of the whole union
What is collective bargaining?
The third planet from the sun
What is the Earth?
By law this is required to be accepted as a form of payment
What is legal tender?
These are the main customers of the Federal Reserve
What are private banks?
This principle is what determines the wage rates in the labor market
What is supply and demand?
This policy/era in US history was very supportive of unions
What is the New Deal?
This is the chemical symbol for sodium
What is NA?
These are the two reasons that gold and silver were used as money
What is they are rare and don't decay?
this is the institution that determines what fraction of deposits a bank must set aside to be available for customer withdrawals
What is the Federal Reserve System?
This is what you are a part of when you are over 18 and have a job/ are looking for a job, barring some exceptions
What is the labor force?
This type of law prevents employers from making union membership a requirement for employment
What is a right to work law?
This city is the Canadian capital
What is Ottawa?
Saving your money can help to grow the economy. This because you are providing funds for ......
What is business investment?
This government agency guarantees you up to 250,000$ of insurance if your bank fails.
What is the FDIC?
These are the two reasons that the number of manufacturing jobs are declining due to their contribution to increasing worker productivity
What is technology and training?
This is the major union that we watched go on strike last year. They won a major settlement through negotiations.
What is the UAW?
This purchase essentially doubled the size of the United States in the year 1803
What is the Louisiana purchase?