| A | B |
|---|
| macroeconomics | the study of whole economies or large segments of the economy |
| glass ceiling | the term used to describe the perceived barrier to the advancement of women in the business world |
| civilian labor force | everyone between the ages of 18 and 65 who is working or actively seeking employment |
| lockout | when employers prevent empolyees from coming to work in order to bargain for a better labor arrangement |
| company union | a union created by the corporation |
| closed shop | a business that does no allow union workers |
| union shop | a business that only allows union workers |
| industrial union | a union containing all workers from a particular industry |
| trade or craft union | a union of workers with a specific skill or job |
| per capita | per person |
| public sector | the sector of the economy controlled by the government |
| private sector | the part of the economy controlled by producers and consumers |
| fiscal year | the non-calender business year from October 1st to September 30th |
| gross domestic product | the total values of all the goods and services produced in a nation in one year |
| entitlements | government benefits guaranteed by government programs |
