Business Models
Business Ownership
Economic Data
Business Cycles *graph*
Economic Growth
100

A business model with a single owner who makes the decisions, has unlimited liability, and tax benefits.

What is Sole Proprietorship? 

100

They give out loans, to purchase property/homes. 

What are financial institutions?

100

Reflecting the continued recovery from economic declines and impact of COVID-19, GDP increased at an annual rate of 4.3%

What is Gross Domestic Product?

100

The Great Recession caused GDP to decrease. 

What is a period of contraction?

100

The Cotton Gin led the U.S to become the leader of cotton production, because of the large amount of cotton exports.

What is technology relating to growth?

200

This business model must fill out a lot of paperwork. They are a separate legal entity, who has to pay double taxation.

What is a corporation?

200

Any assets other than real estate 

What is Personal Property?

200

Global measure of a country’s prosperity.

What is GDP per capita?

200

In 2009, during the Great Recession, GDP rose by 1.5%

What is a period of expansion?

200

A benefit of economic growth.

What are lower unemployment rates?

300

This business model includes two or more people. They have an agreement on how to handle different business aspects. They receive tax benefits, but have unlimited liability.

What is a General Partnership?

300

limitation on location of business

What is regulation of business property?

300

In the year 1933, 20 dollars was equivalent to 407.77.

What is Inflation?

300

When the economy expands, it is followed by a period of contraction. When it contracts, it's followed by a period of expansion.

What are Static Effects?

300

World War II led to more people entering the workforce, and auto industries becoming the top creators of military equipment.


What is productivity related to growth?


400

BONUS (formatting)

If you are paraphrasing an idea from another work, you only have to make reference to the author and year of publication in your in-text reference and may omit the page numbers.

What is APA?

400

When abandonment, selling, and catastrophes occurs.  

What is disposal of property?

400

As of March 5, 2021, the Bureau of Labor Statistics reported  “little changed at 6.2” Compared to April 2020 (COVID-19 Shutdown) It has notably decreased. rates for non working individuals were once at 14.7%.

What is unemployment rate?

400

Unpredictable events, that serve as abnormal catalyst of contraction or expansion.

What are Shocks?

400

A way to measure economic growth.

What is GDP?

500

Where multiple parties are involved. Some control day to day decisions, others commit financial resources. If the business fails, investors are only liable for their investment.

What is Limited Partnership?

500

When personal property is destroyed, owners can file a claim and receive a replacement or cash value .

What is benefit of personal property?

500

The United States grew in terms of financial assets due to tax cuts and stock markets. 

What is National Wealth?

500

The space between the growth trade line and trough. 

What is the level of excessive unemployment?

500

An unhealthy growth state 

What is an asset bubble?