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200 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 300 BusinessLabor Gov’t and the Economy Economic Systems Election Day
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This is a business that controls most or all the supply of a particular good or service? Row 1---100 Question
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-monopoly Row 1---100 Answer
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-Name for two or more businesses becoming one larger business? Row 1---200 Question
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-merger Row 1---200 Answer
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-This occurs when two or more businesses that act as if they are one business and do not compete against one another? Row 1---300 Question
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-trust Row 1---300 Answer
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-This occurs when government begins a general period of fewer restrictions governing a type of business? Row 1---400 Question
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-deregulation Row 1---400 Answer
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-These are groups of workers who join together in order to gain better conditions. Row 1---500 Question
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-labor union Row 1---500 Answer
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-This is a process where workers join together and make demands as a larger group in order to gain leverage with their employers. Row 2---100 Question
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-collective bargaining Row 2---100 Answer
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-This is a method used by business owners where they fire troublesome workers and try to keep them from future employment? Row 2---200 Question
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-blacklisting Row 2---200 Answer
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Row 2---300 Question -These are laws in many states which allow workers to choose whether to join the union or not—usually have weakened the power of unions?
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-right to work laws / Open Shop Laws Row 2---300 Answer
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Row 2---400 Question -Name this process where two groups within a dispute try to use a third party to give a suggested solution to their problem?
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-mediation Row 2---400 Answer
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-This is a process where two groups within a dispute go to a third party who is given legal binding authority to decide the issue? Row 2---500 Question
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-arbitration Row 2---500 Answer
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-Name the term describing how the government taxes and spends its revenue? Row 3---100 Question
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-Fiscal Policy Row 3---100 Answer
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-This is the idea of the government regulating the amount of money in circulation? Row 3---200 Question
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-Monetary Policy Row 3---200 Answer
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-What part of the government is responsible for controlling the money supply? Row 3---300 Question
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-Federal Reserve Row 3---300 Answer
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-Name this method of regulating the money supply-- allowing less money to be created within the economy--- usually through higher interest rates? Row 3---400 Question
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-tight money Row 3---400 Answer
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-Name this method of regulating the money supply-- allowing more money to be created within the economy— usually through lower interest rates? Row 3---500 Question
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-easy money Row 3---500 Answer
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-This is the place where citizens go to vote? Row 4---100 Question
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-polling place Row 4---100 Answer
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-Name the process whereby legislators place proposed bills on the general ballot for approval after the legislators have already passed the bill? Row 4---200 Question
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-referendum Row 4---200 Answer
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-This is where a voter may encounter someone conducting a poll so that the media may better predict the winner of elections. Row 4---300 Question
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-exit poll Row 4---300 Answer
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-This is a term that describes voting only for the same political party all the way through a ballot. Row 4---400 Question
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-straight ticket Row 4---400 Answer
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-This is a term for voting that is done before election-day because a voter is going to be unable to vote on election-day. Row 4---500 Question
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-absentee ballot Row 4---500 Answer
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-Primitive economy where almost everything is made by hand. Row 5---100 Question
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-traditional Row 5---100 Answer
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-Economic situation where the government is in control of the factors of production. Row 5---200 Question
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-command Row 5---200 Answer
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-Economic situation where individuals make most of the choices. Row 5---300 Question
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-market Row 5---300 Answer
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-Economic situation where individuals and government share the power over economic decisions with individuals owning smaller businesses and government owning the largest. Row 5---400 Question
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-mixed Row 5---400 Answer
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-Another name for the market economy where individuals risk their capital for a chance to gain a profit. Row 5---500 Question
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-capitalism / free enterprise Row 5---500 Answer
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