civics chapter 22
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| sole proprietorship | a buisness owned and operated by a sole, or single person
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| financial capital | the money needed to run a buisness or enable it to grow larger
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| partnership | a buisness that two or more people own and operate
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| articles of partnership | a document that identifies how much money each of you will contribute and what role each partner will play in the buisness.
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| corporation | an organized business recognized by law that has many of the rights and responsibilities of an individual
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| charter | government document granting permission to organize
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| stock | ownership shares of the corporation that will be issued
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| stockholder | the people who buy the stock
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| board of directors | people elected by the shareholder of a corporation to act on their behalf
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| cooperative | a voluntary association of people former to carry on some kind of economic activity that will benefit its members
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| labor union | association of workers organized improve wages and working conditions
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| righ-to-work laws | state laws forbidding unions from forcing workers to join
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| collective bargaining | process by which unions and employers negotiate the conditions of employment
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| mediation | situtation in which union and complany officials bring in a third party to try to help them reach an agreement
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| arbitration | situation in which union and company officials submit the issues they cannot agree on to a third party for a final decision
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| strike | when workers deliberately stop working in order to force and employer to give in to their demands
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| boycott | the refusal to purchase certain goods
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| transparency | process of making buisness deals more visible to everyone
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| discrimination | unfair treatment based on prejudice against a certain group
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| social responsibility | the obligation a buisnesss has to pursue goals that benfit society as well as themselves
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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