Data

Copy and paste the text below. It is read-only. Select All

Stock ownership share of a corporation Entrepreneur individual who starts a new buisness, introduces a new product and improves a management technique Peak part of business cycle where there is the strongest point of economic growth Full Employment unemployment rate equals the natural rate of unemployment Dividend money paid to stockholders for buisness profits Sole Proprietorship form of business organization with a single owner Trough severe economic downturn, production stops Unemployment joblessness Board of Directors people elected by the shareholders of a corporation to act on their behalf Partnership form of buisness organization by two people Expansion part of the business cycle where the economy starts to grow again Recession two successful quarters of economic productivity Corporation type of buisness organization owned by many people but treated by law as though it was one person Contraction period of economic decline marked by falling of real GDP Depression a long-term economic state characterized by unemployment and low prices and low levels of trade and investments