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What is capitalism?

Back

An economic system where private individuals own and control property and businesses.

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What does competition refer to in business?

Back

The rivalry among sellers to attract customers.

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What is scarcity?

Back

The limited availability of resources compared to the unlimited wants.

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What does 'buy low, sell high' mean?

Back

A strategy to purchase stocks at a low price and sell them at a higher price.

Front

What are stocks?

Back

Shares representing a claim on a company's assets and earnings.

Front

What factors can move stock prices?

Back

Economic indicators, company performance, market trends, and investor sentiment.

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What is a franchise?

Back

A business model where a company allows others to operate using its brand and business model.

Front

Who were the robber barons?

Back

Powerful 19th-century industrialists who were accused of using exploitative practices.

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What is philanthropy?

Back

The act of donating money or resources to charitable causes.

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What is the role of a CEO?

Back

The Chief Executive Officer is responsible for the overall operations of a company.