WorksheetsPre-Check: Economic Vocab
Total questions: 10
Worksheet time: 10mins
An entrepreneur is...
a company or group of people who act legally as one person
a person who operates a business and takes on its financial risk
exclusive control of a supply or service
a practice where a trustee carries out business on behalf of others
a person who becomes rich through corrupt business practices
A corporation is...
a company or group of people who act legally as one person
a person who operates a business and takes on its financial risk
exclusive control of a supply or service
a practice where a trustee carries out business on behalf of others
a person who becomes rich through corrupt business practices
A monopoly is...
a company or group of people who act legally as one person
a person who operates a business and takes on its financial risk
exclusive control of a supply or service
a practice where a trustee carries out business on behalf of others
a person who becomes rich through corrupt business practices
A robber baron is...
a company or group of people who act legally as one person
a person who operates a business and takes on its financial risk
exclusive control of a supply or service
a practice where a trustee carries out business on behalf of others
a person who becomes rich through corrupt business practices
A trust is...
a company or group of people who act legally as one person
a person who operates a business and takes on its financial risk
exclusive control of a supply or service
a practice where a trustee carries out business on behalf of others
a person who becomes rich through corrupt business practices
A rebate is...
an association of competing railroad companies who agree on rates and traffic
a share of a corporation that raises funds
a partial refund to a customer
the process of becoming an expert in a task or skill
the process where stocks are bought and sold
A stock is...
an association of competing railroad companies who agree on rates and traffic
a share of a corporation that raises funds
a partial refund to a customer
the process of becoming an expert in a task or skill
the process where stocks are bought and sold
The stock market is...
an association of competing railroad companies who agree on rates and traffic
a share of a corporation that raises funds
a partial refund to a customer
the process of becoming an expert in a task or skill
the process where stocks are bought and sold
A pool is...
an association of competing railroad companies who agree on rates and traffic
a share of a corporation that raises funds
a partial refund to a customer
the process of becoming an expert in a task or skill
the process where stocks are bought and sold
Specialization is...
an association of competing railroad companies who agree on rates and traffic
a share of a corporation that raises funds
a partial refund to a customer
the process of becoming an expert in a task or skill
the process where stocks are bought and sold
