Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
12 Cards in this Set
- Front
- Back
|
Laissez-faire
|
Policy that government should not interfere in the economy.
|
|
|
Entrepreneur
|
Person who takes business risks for profit.
|
|
|
Corporation
|
Organization owned by many people.
|
|
|
Stock
|
Shares of ownership.
|
|
|
Blacklist
|
A group of people identified as troublemakers.
|
|
|
Vertical Integration
|
Combining companies that supply equipment and services for a particular industry.
|
|
|
Horizontal Integration
|
Combining competing firms into one corporation.
|
|
|
Monopoly
|
Total control of an industry by a person or company.
|
|
|
Trust
|
Combination of firms or corporations formed by legal agreement, especially to reduce competition.
|
|
|
Lockout
|
A company tool to fight union demands by refusing to allow employees to enter its facilities.
|
|
|
Injuction
|
A formal court order.
|
|
|
Arbitration
|
Letting an impartial outsider settle a dispute.
|
