Name _____________________________________
Date ___________________
Section_______
Chapter 18 Section 2: “Big Business and Organized Labor”
Some Things to Think About…
“BUSINESS”
Name two or three of the biggest businesses you can think of in America today.
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
Why are businesses IN business in the first place?
_____________________________________________________________________________________
In a really big corporation, who is the ultimate authority—at the very top of the organization? (A short answer is
fine here.)
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
What are two of the most basic things a business needs to do in order to be successful?
____________________________________________________________________________________
____________________________________________________________________________________
_____________________________________________________________________________________
___________________________________________________________________________________
KEY VOCABULARY—“BIG BUSINESS”—Chapter 18 Section 2
Please use your textbook to define the following key concepts:
free enterprise
____________________________________________________________________________________
____________________________________________________________________________________
entrepreneur
____________________________________________________________________________________
____________________________________________________________________________________
corporation
____________________________________________________________________________________
____________________________________________________________________________________
a “trust”
____________________________________________________________________________________
____________________________________________________________________________________
a “monopoly”
____________________________________________________________________________________
____________________________________________________________________________________
SAVE THE FOLLOWING TERMS TO BE DEFINED IN CLASS:
expenses:
____________________________________________________________________________________
____________________________________________________________________________________
____________________________________________________________________________________
prices:
____________________________________________________________________________________
profits:
____________________________________________________________________________________
____________________________________________________________________________________