1. C3S3: Other Organizations
Main Idea:
Producer and worker cooperatives are associations in which the members join in production and marketing to lower costs for their members’ benefit.

2. C3S3: Other Organizations
Key Terms:
Nonprofit Organization
Credit union
Collective bargaining
Chamber of commerce
Better Business Bureau
Public utility

3. C3S3: Other Organizations
Community and Civic Organizations
Nonprofits
Schools, churches, hospitals
Are legally incorporated for long life, tax benefits
Revenue is used to further their own causes, making them not-for-profit
An important part of the system, but the benefits are hard to measure

4. C3S3: Other Organizations
Community and Civic Organizations
Cooperatives
Consumer Co-Ops buy products for members, members help run the business
Service Co-Ops provide services such as loans or insurance
Producer Co-Ops help their members sell their products

5. C3S3: Other Organizations
Labor, Professional, and Business Organizations
Labor Unions
Organization formed to represent its members’ interests
Use collective bargaining to get better working conditions for their members
Pressure the government to pass laws that help workers

6. C3S3: Other Organizations
Labor, Professional, and Business Organizations
Professional Associations
People in a specific occupation that works to improve their public image
Examples: American Medical Association, American Bar Association

7. C3S3: Other Organizations
Labor, Professional, and Business Organizations
Business Associations
Help promote member businesses

8. C3S3: Other Organizations
Government
Direct Role
Supplying goods or services that compete with the private sector
Examples: TVA, FDIC, USPS

9. C3S3: Other Organizations
Government
Indirect Role
Regulates public utilities because they rarely have competition
Example: Cable TV

10. Unit 1 Assessment Unit 1 Test
Review Chapter 3 by answering Reviewing the Facts questions 1-3, 5, 9 and Math Practice 1-3
Page 82, on separate paper, due at end of period