Topic 5

3. Two or more firms competing in the same market with same good or service
6. The money and other valuables belonging to an individual or business
7. Theory that education increases
8. Nonprofit organizations that promote the interest of particular industries
11. Ownership structure of a company or firm
14. Workers that perform manual labor
16. Business owned and managed by an individual
18. An organized work stoppage intended to force
19. The practice of negotiating labor contracts that keep unnecessary workers on the company’s payroll
20. Cooperatives Cooperatives that provide a service rather than goods

1. Two or more firms involved in different stages
2. Business organized by two or more people
4. Business organization owned and operated by a group of individuals for their shared benefit
5. Semi-independent business that pays fees to a parent company
9. Practice of contracting with another company
10. Legal obligation to pay debts
12. A certificate of ownership in a corporation
13. Nonmilitary people who are employed or unemployed
15. Demand for labor
17. Quantity of output produced by a unit of labor