People exchange their ______ to buy ______ and services.

Payment for the use of capital from a bank or lender is known as?

What two things determine price?

If demand is high for a good, what happens to the price?

If supply is high for a good, what happens to the price?

The price at which buyers and sellers agree to trade and where the supply and demand curves meet is known as the what?

A person who starts a business is known as a?

What are the three factors of production?

What is sometimes referred to as the fourth factor of production?

A business that is solely owned by an individual is known as a?

A business that is separate from the people who own it and legally acts as a single person is a?

What type of business make up nearly 90% of total sales in the US today?

When did industrialization begin in the United States?

Organizations of workers that seek to improve wages and working conditions and to protect members’ rights are known as?

What was the first successful national union?

The process by which representatives of the union and business try to reach an agreement about wages and working conditions is known as?

All of these are methods unions use to force employers to meet their demands EXCEPT?

In 1955 the AFL would join with what organized labor group?