Stocks & Bonds
-Ch 7
-Ch 7
What is a share of ownership in a company?
Stock
What does it mean when businesses try to get customers?
What is money you earn from a job?
Wages
What is a group of workers who want better working rights and working conditions?
Labor union
What is money a business earns after costs?
Profit
What is a loan to a company or government?
Bond
Does competition make prices higher or lower?
Lower
Who is in the labor force?
People working or looking for work
Why did workers form unions?
Low pay or unsafe jobs
What is the lowest legal pay you can earn called?
What is money paid to stock owners?
Dividend
What is it when business controls the market?
Monopoly
If people buy more products, do businesses need more or fewer workers?
More workers
What do you call it when workers and bosses talk to make a deal?
Collective bargaining
What is a promise to fix or replace something?
Warranty
Which stock lets you vote: common or preferred?
Common stock
Are there many sellers or one seller in perfect competition?
Many sellers
Name one thing that can change wages.
Education, skills, job type
What is a neutral third person that helps both sides talk?
Stocks are more risky or less risky than bonds?
Name one job of the Securities and Exchange Commission.
Protect investors and stop fraud
Give one example of a utility company.
Water, gas, electric.
What is automation?
Machines doing jobs instead of people
Are unions more common today or less common?
Less common
What happens if a stock price goes up after you buy it?
You make money