ECON 8.3

operates like a business but doesn't seek financial gain

• chamber of commerce

• non profit organization

• labor union

• cooperative

• credit union

accepts deposits, makes loans, and provides other financial services

• chamber of commerce

• non profit organization

• labor union

• cooperative

• credit union

promotes the welfare of it's business members

• chamber of commerce

• non profit organization

• labor union

• cooperative

• credit union

performs economic activity for the benefit of its members

• chamber of commerce

• non profit organization

• labor union

• cooperative

• credit union

represent workers interests in various employment matters

• chamber of commerce

• non profit organization

• labor union

• cooperative

• credit union

Schools, churches, and community organizations are an example of __________

• cooperative

• conglomerate

• nonprofit organization

• labor union

If the activities of the nonprofit produces revenue, the organization uses the money to ________.

• pay dividends to its members

• further its work

• join a chamber of commerce

• grow the business

A credit union is an example of _______

• producer cooperative

• service cooperative

• consumer cooperative

• labor union

An organization that buys bulk amounts of goods to distribute to members is a ___________

• producer cooperative

• service cooperative

• consumer cooperative

• labor union

When a union negotiates pay and other job-related matters, this is called ___________

• collective bargaining

• going on strike

• cooperative union

• accessing resources