Economics: Unit 1

What type of economy does the US have?

• Mixed: free market and command economy

• Command Economy

• Traditional

• Mixed: Command and Traditional

US economy is driven by

• labor force

• money

• Supply and demand

• goverment

What is the role of government in the economy?

• entrepeneur

• consumer sovereignty

• protector, provider, regulator, consumer

An ETF is an

What is an IPO?

If you purchase a part of a company in the stock market, you own a _______ of the company and called a ______.

• Share, shareholder

• Piece, owner

• Part, CEO

_________ Stock is the kind most investors buy, one vote per share owned,

___________ Stock receives dividend payments first but do not have voting rights in a company.

The symbol used to look up companies quickly on the stock market is called a ______ symbol.

• Emoji

• Ticker

• Quote

• Share

If a company pays you quarterly to own shares of their company, it is called a _____