Economics Topic 5 Sections 1-7

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Across
  1. 4. Workers that are allowed to live and work in the United States only temporarily
  2. 6. Settlement technique in which a neutral person, the mediator, meets with each side to try to find a solution that both sides will accept
  3. 7. People who are employed or unemployed
  4. 8. Semi-independent business that pays fees to a parent company
  5. 9. Authorized from the local government to operate a business
  6. 11. Legal entity or being owned by individual stockholders, each of whom has limited liability for the firm's debt
  7. 12. Business organization owned and operated by a group of individuals for their shared business
  8. 13. Business organization owned by two or more persons who agree on a specific division of responsibilities and profits
  9. 15. Wage rate or price of labor services that is set when supply of workers meets the demand of workers in the labor market
  10. 16. Two or more firms involved in different stages of producing the same good or service join together
  11. 19. Payments to employees other then wages or salaries
  12. 20. Formal contract issued by a corporation or other entity that includes the promise to repay borrowed money with interest at fixed intervals
Down
  1. 1. Certificate of ownership in a corporation
  2. 2. Companies contract with another company to do a specific job that would otherwise be done by a companies own workers
  3. 3. An organization of workers that tries to improve working conditions, wages and benefits for its members
  4. 5. Two or more firms competing in the same market with the same good or service join together
  5. 10. An organized work stoppage intended to force an employer to address union demands
  6. 14. Business owned and managed by a single individual
  7. 17. Cities and towns often designate these areas for residential use for business
  8. 18. The legal obligation to pay debts