Economic terms

1. an organization that functions much like a business but does not operate to make a profit
3. a share of earnings paid to a franchiser or to an inventor, writer, or artist for the sale or use of that person’s work
5. corporation that offers stock for sale to the general public
7. a difference in the wages earned by various groups in society, such as between men and women or between white Americans and black Americans
10. a law that prohibits employers from making union membership a requirement for getting or keeping a job
13. the portion of the population that has paid work or is seeking work
15. a distinctive name or symbol that identifies a firm
18. a business practice in which work that was once done within a company is sent to outside contractors
19. Someone who owns their own business

2. the practice of working at home or at another location outside the workplace and using technology
4. a business that only hires workers who are union members
5. a corporation owned by an individual or a small group of individuals
6. relocating work and jobs to another country; the opposite of inshoring
8. the process by which people and economies around the world are becoming increasingly interconnected
9. someone who has an interest in, or is affected by, a company’s actions
11. a governing body of a corporation elected by the shareholders
12. negotiations between an employer and a group of employees, usually represented by a labor union, to determine the conditions of employment
14. a business organization that is jointly owned and operated by a group of individuals for their mutual benefit
16. a business in which workers are required to join a union after being hired
17. an organization of workers in a specific industry that seeks to improve working conditions, wages, and benefits for its members