FBLA economics

Front

Laws that seek to make sure businesses compete fairly, and prevent unfair partnerships

Back

Antitrust Law

Front

What are usually protectionist measures erected to protect domestic producers from foreign competition in a free market?

Back

Trade Barriers

Front

The doctrine or theory that wages tend toward a level sufficient only to maintain a subsistence standard of living

Back

Iron Law of Wages

Front

Large Government involvement in the economy

Back

Socialism

Front

The dollas that exceeds the cost of the corporation

Back

Corporate Profits

Front

The part of the value of commodity that exceeds the cost of labor, regarded as the profit of the capitalist

Back

Surplus value

Front

The differences between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports.

Back

Balance of Trades