Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

CH 22

QuestionAnswer
sole proprietorship a business own by a single person
financial capital money needed to run and grow a business
partnership a business that two or more people own
articles of partnership legal document that states how much a partner will contribute, their role, and their share of profits and losses
corporation type of business owned by many people and recognized by law and has many of the same rights and responsibilities as a person
charter a government document granting permission to organize
stock ownership share of a corporation
stockholder owners of stocks in a corporation
board of directors people elected by the shareholders of a corporation to act on their behalf
cooperative a voluntary association of people formed to carry on some kind of economic activity that will benefit its members
labor union group of workers who band together to have a higher chance to obtain higher pay or better working conditions
right-to-work law law preventing mandatory union membership
collective bargaining processes by which unions and employers negotiate the conditions of employment
mediation when a third party is brought in to help two parties achieve a compromise
abritration a third party listens to both sides then decides how to settle the disagreement.
strike when workers in a union refuse to go to work
boycott when consumers refuse to buy a business's product
transparency publishing honest information and giving full disclosure
discrimination prejudice based on demographic
social responsibility a businesses obligations to pursue goals that benefit society as well as themselves
Created by: nicholasbrown
Popular Economics sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards