Mediation
Entrepreneurship
Stock Market
Currency
Vocabulary
100
This party or group represents the workers of an industry.
What is labor?
100
One who starts up their own business.
What is an entrepreneur?
100
This animal symbolizes a generally positive market.
What is a bull ("Bull Market")?
100
American bills are printed on:
What is cotton and linen
100
This is a financial institution that stores and circulates money.
What is a bank?
200
This party or group represents those in charge of an industry.
What is management?
200
List 3 examples of entrepreneurs:
Who are "Famous" Dave Johnson, Bill Gates, Mark Zuckerberg,"Ben and Jerry", etc.
200
This animal generally symbolizes a negative market.
What is a bear ("Bear Market").
200
A commercial risk in hope of profit.
What is venture?
300
This describes the discussion of a disagreement between the workers and those in charge of an industry.
What is mediation
300
When an entrepreneur wants to spread awareness about their product, this is called:
What is advertising?
300
The word "NASDAQ" stands for what?
What is "National Association of Securities Dealers Automated Quotations"
300
This man founded the First National Bank and is a major reason that we have the system of "dollars and cents" that we use today.
Who is Alexander Hamilton?
300
The physical pledge a buyer promises a lander as repayment of a loan.
What is collateral?
400
For mediation to be effective, what must happen?
What is "Both parties must reach an agreement".
400
The exchange of products or services for money.
What are sales?
400
A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings
What is stock?
400
Alexander Hamilton determined the value of this by averaging the weight of worn, Spanish silver dollars
What is the American dollar?
400
How is a bank different from a credit union?
A bank is a financial institution (usually open) to anyone and often includes a fee. A credit union is only open to members but is often cheaper (sometimes even free).
500
This is when a third party comes into settle a dispute.
What is arbitration?
500
The division of stock that is bought and sold.
What is a share?
500
When money (like ours) has no physical (gold or silver) backing, but holds value because the government says so.
What is fiat money?
500
Surplus is to deficit as import is to what?
What is export?