Chapter 19: Business in America

Business that produces goods and services but NOT in order to make a profit

A third party helps the union and the company reach a decision

The “labor force” refers to the number of people 16 years or older who

What does a nonprofit service cooperative offer to their members?

Government document granting permission to organize a corporation

A neutral third party makes the final decision

Sole proprietorship

The owner does NOT have to share any profit in a

Requires workers to belong to a union once they are hired

A “right-to-work” law lets workers choose whether to

A court order to stop or prevent a strike, picketing, etc.

An organization of workers that seeks to improve wages and working conditions

A business owned by many people but treated by law as though it were a person

When a business donates money and products to local charities

Management closes the workplace and prevents union members from working

A business that has permission to sell its supplier’s goods or services in an area

Business owned by more than one person, each of whom is NOT completely responsible for debts or financial losses