A | B |
Bonds | Issued by government, they gain interest over a period of time. |
Stocks | Shares of ownership in a company |
Laissez-faire | Hands off policy of government in the economy |
capital | Wealth in the form of machinery, money, buildings of a business |
production | Use of resources to create goods and services. |
distribution | Process of moving goods and services to consumers. |
consumer | Person who buys goods and services. |
sole proprietorship | A business owned and operated by one person. |
partnership | A business owned by more than one person. |
corporation | A business established as a legal entity. |
profit | Money remaining after all expenses are paid. |
non-profit organization | An organization like a charity that does not intend to make a profit. |