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Terms in this set (9)
(n.) exclusive rights over an invention; copyright; (v.) to arrange or obtain such rights; (adj.) plain, open to view; copyrighted
Complete control of a product or business by one person or group
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
Economic system in which individuals and businesses are allowed to compete for profit with a minimum of government interference
A person who starts up and takes on the risk of a business
a large business with many owners
A monopoly that controls goods and services, often in combinations that reduce competition.
An organization of workers that tries to improve working conditions, wages, and benefits for its members
negotiation of wages and other conditions of employment by an organized body of employees.
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