1. Entrepreneur person who forms and operates a business create new businesses that hire employees, provide new products and services, and contribute to the growth of economies

2. Corporations  owners are known as shareholders or stockholders  managed by a Board of Directors -Chairman Management runs day to day operations –CEO*Chief Executive Officer –CFO*Chief Financial Officer –COO*Chief Operations Officer

3. Selling Stocks Go from private to public corporation. IPO-Initial Public Offering Use the $ to make and sell new products, fund operations, and expand Original owners cash in

4. Types of Stock Common Stock -gives owner voting rights Preferred Stock -limited voting rights Both can pay dividends -payout of company profits

5. How to Buy and Sell Stock Brokerage Firms -full-service *use stockbrokers -discount/online Buy low Sell High

6. Stock Exchanges Where stocks are bought and sold New York Stock Exchange (NYSE) American Stock Exchange (AMEX) National Association of Securities Dealers Automated Quotations (NASDAQ)

7. Stock Market Indexes Determine how market is doing Forecast future of the market Dow Jones Industrial Average (Dow 30) or (DJIA) Standard & Poor's 500 Index (S&P 500)