1. Type of BusinessDefinitionAdvantages (+)Disadvantages (-) Sole Proprietorship Partnerships Corporation Guided Reading/Notes: Business and Labor Name: ____________________________________

2. Type of Business Important Definitions Corporations Charter: Conglomerate: Multinational: Stockholders: New York Stock Exchange: Dow Jones Industrial Average: Reading Stock Market Reports highest and lowest for year name of company stock symbol # of stocks traded highest and lowest for day closing price net change

3. Types of LaborDefinitionExamples Unskilled Semi- skilled Skilled Professional

4. Five Reasons for Income Inequality ReasonWhy?

5. Five Types of Unemployment Type of UnemploymentDefinitionExamples

6. Employment Unemployment Rate: Actions employers and employees can take when arguments occur in the workplace WORDDEFINITION Union Strike Picket Boycott Lockout Collective Bargaining Mediation Arbitration Injunction Seizure