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1

socialism in its most extreme form

Communism

2

When a nation's government assumes ownership of companies on a large scale.

Nationalism

3

when a national government should be both the central owner and decision maker in all economic affairs of the state

Centralized socialism

4

high taxes redistributed funds

Welfare state

5

to let alone

Laissez Faire

6

when a government decides to sell their nationalized businesses back to private stockholders

Privatization

7

more government control in an economy

Socialism

8

less government control in an economy

Capitalism

9

the general public owns and the government manages

Public corporation

10

after buying shares of this a person becomes owner of part of a corporation

Stock

11

at least one general partner who has unlimited financial liability

Limited partnership

12

the lender

Creditor

13

the act of becoming security for or pledging to undertake another's debt

Surety

14

when a credit worthy person promises to pay a loan if the original borrow cannot

Cosigning

15

a business enterprise with two or more persons as the owner

Partnership

16

a distribution of a portion of a corporation's profits

Dividends

17

stockbrokers work for this fee

Commission

18

where merchants trade stocks

Stock exchanges

19

the most well-known stock index

DJIA

20

a person who generally works for a brokerage company and who specializes in buying and selling stocks on behalf of clients

Stockbroker

21

the most prevalent type of stock that companies offer and represents true ownership of the firm

Common stock

22

another name for stock traders

Floor traders

23

one of the most well-known stock markets

NASDAQ

24

when stock prices rise in an industry or across the entire market simply because of expectations and a rise in the excess of the corporation's true value

Speculative bubble

25

a group of stocks that analysts use to identify stock trends in specific industries

Stock index

26

shareholders who own this type of stock receive their dividend payments before all others

Preferred stock

27

used to be paper from a stock ticker but is now an electronic message board

Tape

28

privately managed stock portfolios

Mutual funds

29

when the government has allowed a firm an exclusive right to provide a good or service

Legal monopoly

30

a form of market organization in which there is only one supplier in the industry

Monopoly