Ecomonic Concepts/Terms

Provided here is an extensive list of economic terms. These can be examined so that the teacher and students gradually become familiar with the "language" of economics. Do not expect to know the meanings of all of these terms. Make notes related to definitions as words are encountered.

ability

ability-to-pay theory

absolute advantage

acceptability

acceptance

acceptor

accident insurance

accident prevention

accounting

achievement tests

acquisition

acreage quotas

actual production

ad valorem taxes

add-on method, of determining cost of loan

adjusted -balance method

administered price

administration

administrative costs

Adult Basic Education

advance

Advertising Council

advertising

advertising appeals

advisory council

AFL-CIO

agency shop

agency-shop contracts

agent

agents (marketing)

agents, fiscal

aggregate demand

aggregate income

aggregate production

aggregate supply of goods

agri-businesses

Agricultural Act

Agricultural Adjustment Act

Agricultural Marketing Service

Agricultural Revolution

agricultural credit

agriculture

Agriculture, Department of

Aid to Families With Dependent Children

Aid to Migrants

aid

AIDS

Air Pollution Control Act

airlines

all-risks policy, homeowners insurance

All-Union Communist Party

Alliance for Labor Action

Alliance for Progress

allocation of resources

allowances

Amalgamated Clothing Workers of America

amalgamation (consolidation)

American Stock Exchange

American Banking Association

American Dental Association

American economic system

American Federation of Labor

American Federation of Teachers

American Home Economics Association

American Medical Association

American Red Cross

American Standards Association

American Stock Exchange

American Telephone and Telegraph Company

American Watchmakers Union

AMTRAK

annual improvement factor

annual percentage rate

annual report

annuity

annuity insurance

antipoverty programs

antiprotectionists

antitrust laws

appeals, advertising

application form, job

appraisal

apprentice

Appropriations Committee, House of Representatives

appurtenant private structure

aptitudes

arbitration (compulsory/voluntary)

arbitrator

articles of copartnership

articles of incorporation

assembly line

assessment

assessor

assets

automatic stabilizers

automatic teller machines

automatic transfer plan

automation

automobile insurance

average-daily-balance method

baby-boomers

backing for money

bait and switch advertising

balance of payments

balance of trade

balance sheet

balanced budget

balloon payment

band-wagon approach, advertising

bank (commercial) credit

bank deposits

bank draft

bank money order

bank reconciliation

bank reserves

bank statement

bank teller

bankruptcy

banks

bargain

bargaining

bargaining, collective

barriers to entry

barter

base date

base period

base year

basic economic security

basis for credit

bears

beneficiary

benefit payments

benefit tax

benefit theory

benefits

benefits, fringe

benefits-received principle

better business bureaus

big business

big labor

big-ticket items

Bill of Rights

bill of exchange

bill of lading

bill of sale

billing errors

bimetallism

black market

blacklists

blank endorsement

blue-collar worker

board of directors

bodily injury liability

bodily injury liability insurance

bondholders

bonds

bonds (corporation)

bonus

book value

bookkeeper

boom and bust

borrower

borrowing

borrowing (business)

Boston Tea Party

boycott

brand

brand label

brand loyalty

brand names

brand-name products

brassage

breach of warranty

bread lines

broker

budget

built-in controls

bull(s)

bullion

Bureau of Internal Revenue

Bureau of Labor Statistics

Bureau of Standards

Bureau of the Budget

Bureau of the Census

bureaucracy

business

business agent

business combinations

business corporations

business credit

business cycles

business failure

business income tax

business indicators

business investment

business investors

business organizations

business plan

business taxes

business unit (firm)

business-service cooperatives

buyer

buyer's market

buying

buying power

bylaws

callable bonds

canceled check

canons (principles) of taxation

capacity

capital

capital (producers') goods

capital account

capital accumulation

capital appreciation

capital equipment

capital formation

capital funds

capital goods

capital investment

capital resource scarcity

capital resources

capital stock

capitalism

capitalizing income

capitation taxes

CARE

career

career choice

career clusters

career ladder

career opportunities

Carnegie, Andrew

carrying charges

cartel

cash and credit buying

cash discounts

cash dividends

cash loans

cash payments

cash record

cash sale

cash spending plan

cash value

cash-value life insurance

cashier's check

catalog

caveat emptor

caveat venditor

Census Bureau

central city

central planning

centralized control

certificate of deposit

certificate of incorporation (charter)

certification

certified check

chain stores

Chamber of Commerce

changes in demand

channel of distribution

character

charge account

charter

charter (certificate of incorporation)

charter of incorporation

charts

check

check register

check stub

checkbook

checking accounts

checkoff

checks and balances, economic

child care

child labor

choice

Christmas clubs

circular flow of goods and services

circular flow of money

circulating capital

circulation

citizenship responsibilities

Civil Aeronautics Board

Civil Rights Act of 1964

Civilian Conservation Corps

civilian labor force

claims

class restitution actions

class struggle

classical theory of economics

classless system

Clayton Act

Clayton Antitrust Act

Clean Air Act

clean-up time

clearance sales

clearing house

clerical jobs

clerical workers

closed shop

closed shop coinsurance clause

closed-shop agreements

closing costs

co-operatives

co-prosperity

cognizability

coinage

coins

coinsurance

Cold War

collateral

collateral (surety)

collectibles

collection agent

collective bargaining

collective decision makers

collective farms

collectivization

collision insurance

colonialism

comaker

comaker (surety)

command economy

command system

Commerce, Department of

commercial (bank) credit

commercial (contract) rent

commercial bank

commercial credit

commercial draft

commercial paper

commercial rent

commercials

commission merchants

committed spending

Committee for Economic Development

Committee for Industrial Organization

Committee on Political Education

commodities

commodities exchange

Commodity Credit Corporation

Commodity Exchange Authority

commodity futures trading

commodity loans

commodity markets

Common Market

common ownership

common stock

communes

communication

communication skills

communism

Communist block

Communist Manifesto

Communist Party

community of interest

companies, holding

companies, subsidiary

company store

company town

company union

comparative advantage

comparative shopping

compensated dollar

compensation funds

compensatory payment plan

competent parties

competition

competitive price

competitive profits

complementary goods

compound interest

compounding

Comprehensive Employment and Training Act (CETA)

comprehensive personal liability policy

comprehensive physical damage insurance

Comptroller of Currency

compulsory arbitration

compulsory education

compulsory health insurance

compusense

computational skills

computer operator

computer service technician

computers

concentration

concentration (marketing)

concentration, in industry

conciliation

condominiums

confidence

conglomerate

Congress of Industrial Organizations

Congress, powers of

conservative party

conservation

conservatives

consideration

consolidation (amalgamation)

consolidation loan

conspicuous consumption

conspiracy

constant dollars

constant returns to scale

Constitution, U. S.

Consumer Affairs Office

Consumer Federation of America

Consumer Marketing Service

Consumer Price Index

Consumer Product Safety Act

Consumer Product Safety Commission

Consumer Service Bureau

consumer

consumer (personal) credit

consumer advertising

consumer affairs, office of

consumer agencies

consumer cooperatives

consumer credit

consumer credit laws

consumer demand

consumer education

consumer expenditures

consumer finance companies

consumer finance company

consumer goods

consumer information

consumer movement

consumer price index

consumer prices

consumer protection

consumer research agencies

consumer services

consumer's home mortgage loan

consumer(s) borrowing

consumer-sponsored services

Consumers Federation of America

Consumers Union

Consumers Union of the United States, Inc.

Consumers Union, Inc.

Consumers' Research, Inc.

consumers' cooperatives

consumers' credit unions

consumers' loans

consumerism

consumption

consumption possibilities

consumption taxes

consumption, taxes on

container ships

contract

contract (commercial) rent

contraction

contractual interest

control consumption

control, centralized

controlled economy

controlling interest

convenience foods

convenience stores

convertible bonds

convertible preferred stock

cooling-off period

cooperative banks

cooperative movement

cooperative societies

cooperative work program

cooperatives

copyright

copyright protection

corporate bond(holders)

corporate income tax

corporate profits

corporate saving

corporate securities

corporate stock

corporation

corporation securities

correspondent banks

cosigner

cost effective

cost of living adjustment

cost push

cost-benefit analysis

cost-of-living (escalator) wage clauses

cost-of-service principle

cost-of-service-received theory of taxation

cost-push inflation

costs

costs, fixed

Council For Urban Affairs

Council of Economic Advisers

councils

countersigning

countervailing power

coupon bonds

courier service

courts

courts, small claims

craft guilds

craft union

credit

credit agreement

credit application form

credit bureau

credit card

credit card companies

credit counselor

credit history

credit instrument

credit life insurance

credit limit

credit manager

credit rating

credit scoring system

credit standing

credit terms

credit union

credit worthiness

credit-bank plan

credit-rating agencies

creditor

creditor nation

creeping inflation

crime

crime control

crop insurance

crop loans

crop rotation

Cropland Adjustment Act

crops, staple

cross picketing

cultivation

cultural goals

cumulative preferred stock

currency

current account

current dollars

customer

customer expectation

customer satisfaction

customs duties

cutthroat competition

cycle billing

cycle, business

cyclical unemployment

daily cash record

Davis-Bacon Act

death benefits

death rate

debenture bond

debit

debt

debt, national

debtor nations

decentralization of corporations

deceptive advertising

decision makers

decreasing term insurance

deductible clause

deductions

deed

default

defective agreement

defense

defense spending

deferred annuity

deferred payments

deficit

deficit budget

deficit financing

deficit spending

defined benefit plans

deflation

degressive tax

delivery charges

demand

demand curve

demand deposit

demand for loanable funds

demand pull

demand schedule

demand-pull inflation

democracy

demographics

dental care insurance

Department of Agriculture

Department of Commerce

Department of Health Education and Welfare

Department of Justice

Department of the Treasury

dependents

dependents' benefits

deposit currency

deposit ticket

depositors

depository institutions

deposits

depreciation

depression

deprivation

derivative deposits

derived demand

descriptive label

devaluation (of currency)

developing countries

diminishing marginal utility

diminishing returns

diminishing utility

direct assistance

direct labor

direct marketing

direct strike

direct taxes

directed economy

disability benefit laws

disability insurance

discount

discount houses

discount method

discount rates

discount stores

discount, cash

discount, in business

discount-rate policy

discretionary funds

discrimination

disguised unemployment

dislocation

dispersion

dispersion (marketing)

disposable personal income

distribution

distribution niches

distribution systems

distributive strategy

divided charge account

dividends

divisibility

division of labor (specialization)

dollar

dollar cost of credit

dollar glut

dollar shortages

domestic

domestic (inland) bill

domestic bill

domestic goods

domestic system

double digit inflation

double taxation

Dow Jones Industrial Average

down payment

draft

drawee

drawer

drug trade

dumping

durability

durable goods

duties, customs

duty

duty rates

dynamics

earned money income

earnings

earthquake insurance

easy payments

ecology

Economic Advisers, Council of

Economic Opportunity Act

Economic Report of the President

economic (pure) profit

economic aid

economic analysis

economic application

economic decision

economic development

economic efficiency

economic emergencies

economic freedom

economic goals

economic goods

economic growth

economic incentive

economic indicators

economic information

economic institution

economic justice

economic law

economic model

economic nationalism

economic principle

economic problem

economic profit

economic rent (for land)

economic resource

economic roles

economic security

economic service

economic stability

economic system

economic theory

economic value

economic wants

economics

economies of scale

economist

economizing

economy

economy, agrarian

education

effective demand

efficiency, production

elasticity of demand

elderly

Electronic Funds Transfer Systems

element of a contract

eligibility

embargo

emergencies

Emergency Price Control

Act

eminent domain

emotional advertising

emotional appeals

employees

employers

Employment Act of 1946

employment

employment agencies

Employment, trends

employment, guaranteed

endorse

endorsement

endorsement

endowment insurance

endowment plan

energy

energy crisis

energy efficiency ratio

Engel's laws

engineers

enterprise

enterprise, free

entertainment

entrepreneur (enterpriser)

entrepreneurial risks

environment

Environmental Protection Agency

Equal Credit Opportunity Act

Equal Opportunity Act

equilibrium point

equilibrium price

equipment

equity

equity shares

escalator (cost-of-living) wage clauses

essential wants

estate taxes

ethics

European Currency Unit

European Economic Community (EEC)

European Free Trade Association (EFTA)

evaluation

excess reserves

excess-profits tax

exchange

exchange control

exchange rate

exchange rate

exchange value

excise tax

executives

exemption (tax)

exemptions

expanding economy

expansion

expenditures

Export-Import Bank

exports

express contract

express money orders

express warranty

extended coverage

external economies

externality, negative

extractive industries

face value

face, of check

factors

factors of production

factory method

factory outlet

Fair Credit Billing Act

Fair Credit Reporting Act

Fair Debt Collection Bill

Fair Debt collection Practices Act

Fair Labor Standards Act

Fair Packaging and Labeling Act

fair employment practices

fair-trade laws

family budget

family income

Farm Credit Administration

farm

farm flight

farm workers

farmers' cooperative

fascism

fashions

fast food

favorable balance of trade

fax machine

FDA

featherbedding

Federal Advisory Council

Federal Aviation Agency

Federal budget

Federal Bureau of Investigation

Federal Cigarette Labeling and Advertising Act

Federal Communications Commission

Federal Deposit Insurance Corporation

Federal Food and Drug Administration

Federal Home Loan Bank

Federal Housing Administration

Federal income tax

Federal Insurance Contributions Act

Federal Meat Inspection Act

Federal Mediation and Conciliation Service

Federal Open Market Committee

Federal Power Commission

Federal Reserve Act

Federal Reserve banks

Federal Reserve Board

Federal Reserve Notes

Federal Reserve notes

Federal Reserve System

Federal Savings and Loan Insurance Corporation

Federal Trade Commission

Federal Truth in Lending Act

Federal utility commissions

Federal Wage-Hour Law

federal budget

federal consumer agencies

federal debt

federal expenditures

fees

feudal economies

feudalism

FHA-insured loans

fictitious pricing

final good

final products

finance charge

finance companies

financial affairs

financial institutions

financial management

financial planning

financial responsibility law

financing

finding a niche

Fire Underwriters Laboratory

fire insurance

firm (business unit)

fiscal agent

fiscal policy

fixed capital

fixed costs

fixed expenses

fixed income

fixed investment

fixed overhead

fixed payments

flat money

flexible budget

flexible rate

flexible supports

flood control

flow of goods and services

flow of money

flow, income and expenditures

Food and Agriculture Organization

Food and Drug Administration

Food for Freedom

food crops

food stamps

Food, Drug, and Cosmetic Act

food, production

Ford, Henry

forecasting

foreclosure

foreign aid

foreign bill

foreign competition

foreign currency

foreign exchange

foreign exports

foreign investment

foreign loans

foreign purchasers

foreign subsidiary

foreign trade

Forest Service

forest conservation

forgery

fossil fuels

fractional reserve banking system

franchise

franchisee

Free World

free capital

free coinage

free competition

free economy

free enterprise

free enterprise economy

free enterprise system

free goods

free market

free private enterprise

free reserve

free trade

freedom

freedom of choice

freedom of enterprise

frictional unemployment

friends and family

fringe benefits

Full Opportunity Act

full employment

full endorsement

full-service stores

funds, discretionary

future or future sale

gambling

gap

garbage collection

garnishment

gasoline taxes

GATT (The General Agreement on Tariffs and Trade)

General Accounting Office

general medical expense insurance

general partnerships

general sales tax

general strike

general welfare clause

generic labeling

generic products

ghettos

gift tax

goals

going outside for services

gold

gold export point

gold payments

gold-coin standard

gold-par rate

goldsmiths

Gompers, Samuel

Good Housekeeping seal of approval

goods

goods-producing occupations

gosplan

Government Printing Office

government

government agencies

government bonds

government expenditures

government income

government intervention

government purchases

government regulation and services

government securities

government services

government spending

government workers

government-owned (public) corporations

grace period

grade label

grading

grant

grantee

grantor

grants-in-aid

graphs

Great Depression

green revolution

greenback

Gresham's law

grievance procedure

gross

gross interest

gross national debt

gross national income

gross national income

gross national product (GNP)

gross national product per capita

gross pay

gross private domestic investment

gross private domestic investment

gross private domestic saving

gross profit

gross-receipts tax

gross-sales tax

group insurance

group life insurance

group spending

growth

growth process

growth rate

guage blocks

guaranteed annual income

guaranteed annual wage (GAW)

guaranteed insurability

guaranteed renewable policy

guaranteed stock association

guideposts

guilds

half-truth technique, advertising

handicapped

hardware

hazards

head (poll) tax

health and accident hazards

health and accident insurance

health inspection

health insurance

health insurance, federal

health maintenance

health plans, group

Health, Education, and Welfare, Department of

Health, Education, and Welfare, Department of

health, government expenditures

heavy industries

hedging against inflation

hidden taxes

highway systems, financing

highways

holder in due course

holding company

home

home buying

home market

home mortgage

home owners insurance

home ownership

homelessness

homeowners policy

homogeneity

HOPE

horizontal combination

horizontal integration

hospital expense insurance

hours of labor

hours of work

House of Representatives

household

household income

household inventory

Housing and Urban Development, Act

Housing and Urban Development, Department of

housing

Housing, and National Housing Act of 1934

housing, public

human relations skills

human resources

ideas

immediate annuity

immigration

imperfect competition

imperialism

implied contract

implied warranty

import quota

imports

impulse buying

impulse items

imputed interest

imputed wages

incentives

income

income effect

income levels

income redistribution

income security

income tax

income tax exemptions

income tax withholding

income-maintenance

incontestability clause

incorporate

incorporation

independent union

index numbers

indicators

indirect (tax)

indirect business taxes

indirect taxes

Individual Retirement Account

individual (sole) proprietorship

individual decision makers

individual enterprise

individual income tax

individual life insurance

individualism

indivisible goods

industrial banks

industrial countries

industrial development

industrial jurisprudence

industrial research

industrial revolution

industrial union

industrial world

industrialization

industry

industry standards for labeling

industry-wide strike

infant industries

inferior goods

inflation

inflation prone

information

infrastructure

inheritance taxes

injunction

inland (domestic) bill

inland bill

innovations

innovative product

input-output accounts system

insolvency

installment buying

installment contact

installment credit

installment debt

installment loan

installment plan

installments

Institute of Home Economics and Cooperative Extension Service

institution

institution (economic)

insurable interest

insurance

insurance claims representative

insurance companies

insurance policy

insurance, automobile

insurance, income

insurance, property

insured mortgage

insurer

intangible property

intangible wants

integration, industrial

interchangeable parts

interdependence

interest

interest income

interest rate

interest, community of

interest, compound

interest, imputed

interlocking directorates

intermediate product

intermediate-term credit

Internal Revenue Service

Internal Revenue Service

internal combustion engine

International Bank for Reconstruction and Development (IBRD)

International Labor Organization

International Ladies' Garment Workers' Union

International Monetary Fund (IMF)

international cartel

international debts

international financial analyst

international gold standard

international investment

international market

international trade

international unions

Interstate Commerce Commission

Interstate Highway System

interstate

interview, job

intrastate

intrinsic value

inventory

investing

investment

investment banks

investment credit

investment funds

investment trust

investor

investors, business

invisible (export or import) item

invisible item

involuntary bankruptcy

ITO (International Trade Organization)

Job Corps

Job Program

job

job categories

job hunting

job interview

job market

job outlook

job security

job training

job trends

jobs, entry-level

Joint Economic Committee

joint checking account

joint cost

joint savings account

journeymen

jurisdiction, union

jurisdictional disputes

jurisdictional strikes

Kennedy-Landrum-Griffin Act

Keogh Plan

labeling

Labor Department

Labor productivity

labor

labor and management

labor force

labor movement

labor organizations

labor relations

labor resource scarcity

labor resources

labor statistics

labor unions

Labor's League for Political Education

Labor, Department of

Labor-Management Relations Act (Taft-Hartley Act)

Labor-Management Relations Act of 1947

Labor-Management Reporting and Disclosure Act (Landrum-Griffin Act)

Labor-Management Reporting and Disclosure Act of 1959

labor-management relations

laborers

laissez-faire

land

land contracts

land grants

landlord

landowners

Landrum-Griffin Act

large-scale production

lasers

Latin American Free Trade Association

law

law enforcement

law of comparative advantage or cost

law of demand

law of diminishing marginal utility

law of diminishing returns

law of scarcity

law of supply

law of supply and demand

laws, consumer credit

lawyer

layoff

leadership training

lease

legal aid societies

legal bargain

legal form, proper

legal forms of business organizations

legal monopoly

legal questions

legal reserve

legal tender

leisure

leisure time

lemon

lend-lease program

lenders, private

lessee

lessor

letter of application

level of living

level-premium insurance

leveraged buyout

liabilities

liability

liability insurance

liability insurance

liberals

license

licensee

licenses and permits

licensing

licensure

liens

life expectancy

life expectancy tables

life insurance

limitations, statute of

limited liability

limited partnership

limited-payment life insurance

limited-payment plan

limiting output

line of credit

liquid

liquid assets

liquid liability

liquidation

liquidity

liquidity preference

listed stock

littering

living costs

living standards

living, level of

loan

loan and purchase agreement

loan insurance

loanable funds

loans

lobby

lobbyist

local and state governments

local government

local market

local union

locals

lockout

logarithmic scale

long run

long-term bonds

long-term credit

long-term loans

loss

loss leaders

losses

lotteries

luxuries

machinery

macroeconomics

Magnuson-Moss Warranty and Federal Trade Commission Improvement Act of 1975

mail-order catalogs

maintenance-of-membership clause

major medical expense insurance

major medical insurance

major monetary control

Malthus, Thomas

managed currency

management

management and labor

managers

Manpower Development and Training Act

manpower

manpower resources

manual dexterity skills

manufacturers' tax

manufacturing

margin

margin (buying on)

margin requirements

marginal cost

marginal land

marginal producers

marginal product

marginal productivity

marginal revenue product

marginal utility

market

market and exchange mechanisms

market clearing price

market demand

market economy

market failure

market information

market place

market prices

market ratio

market ration

market research

market speculation

market structures

market system

market value

market, buyer's

market, commodity

market, free

market, monopoly

market, securities

marketing

marketing channels

marketing cooperatives

marketing function

marketing institutions

marketing quota

marketing quotas

Marshall Plan

Marx, Karl

mass consumption

mass market

mass media

mass picketing

mass production

master

master workmen

material goods

mature economy

maturity date

maturity, of note

maximum price

measure of value

Meat Inspection Act 1906

median

mediation

mediator

Medicaid

medical care

medical insurance

medical payments

medical payments insurance

Medicare

medium of exchange

megalopolis

member banks

mercantilism

merchandise

merchandise buyer

merchandising

merchant

merchants' guilds

merchants' tax

mergers

metallic money

methods of mobilization

microeconomics

Middle Ages

middle income families

middlemen

migrant workers

Military Affairs Committee, House of

military assistance

military service

Miller-Tydings Act

minerals

minimum prices

minimum wage

minor

minority groups

mint ratio

misrepresentation

mixed economies

mixed economy

mobile homes

mobility

mobility of labor

monetary assets

monetary controls

monetary policy

monetary reform

monetary unit

money

money (nominal) wages

money capital

money flow

money income

money order

monthly installment

money supply

money value

money wages

monetary policy

monopolistic competition

monopoly

monopoly profits

monopsony

monotony, factory work

monthly statement

moonlighting

moratorium

mortality tables

mortgage

mortgage bond

mortgage companies

mortgagee

mortgagor

multinational

multinational corporations

multinational

multiple bank credit contraction

multiple bank credit expansion

multiplier

multiplier effect

multiplier theory

municipal

municipal bonds

mutual assent

mutual fund

mutual insurance company

mutual savings bank

National Advertising Review Board

National Bureau of Economic Research

National Bureau of Standards

National Business Council for Consumer Affairs

National Consumers League

National Credit Administration

National Flood Insurance Program

National Health Service

National Highway Safety Commission

National Housing Act of 1934

National Insurance Act

National Labor Relations Act (Wagner Act)

National Labor Relations Board

National Mediation Board

National Safety Council

National Traffic and Motor Vehicle Safety Act

national bank

national debt

national economic growth

national economy

national income

national market

national output

national security

national security expenditures

national union

national wealth

nationalism

nationalization

NATO

natural monopoly

natural resource scarcity

natural resources

Nazism

near-money

necessary wants

necessities

needs

negotiable bill of lading

negotiable order of withdrawal account

Neighborhood Youth Corps

net

net (pure) interest

net exports

net foreign exports

net income

net interest

net national product

net private domestic investment

net private domestic saving

net profit

net worth

New Deal

New York Stock Exchange

new products

newly industrialized countries

news media

no-fault insurance

no-name products

no-par-value stock

no-strike clause

nominal (money) wages

nominal wages

noncumulative preferred stock

nondiscrimination

nondurable consumer goods

nondurable goods

noneconomic want(s)

nonessential wants

noninstallment credit

noninstallment debt

nonmaterial goods

nonparticipating preferred stock

nonprice competition

nonprofit corporations

nonrefund annuity

normal goods

normal price

Norris-LaGuardia Act

North Atlantic Treaty Organization

notes, discounting

notes, federal reserve

notes, promissory

objectivity

obsolescence

occupation

Occupational Outlook Handbook

occupational families

OECD (The Organization for Economic Cooperation and Development)

offer

offeree

offeror

Office of Consumer Affairs

Office of Economic Opportunity

Office of Minority Business Enterprise

Office of Price Administration

officers

officers (corporation)

Oil crisis

oil

old-age insurance

oligopoly

on-the-job-training

OPEC (The Organization of Petroleum Exporting Countries)

open accounts

open shop

open-end mortgage

open-market operations

open-shop agreements

operating costs

operatives

opinion, legal

opportunity costs

option

option account

optional wants

oral contract

Organization for Economic Cooperation and Development

Organization for European Economic cooperation

Organization of American States

Organization of Petroleum Exporting Countries

organizations, business

organized commodity exchange

organized labor

out, limiting

output

over-payments

over-the-counter

overexpansion

overhead costs

overspeculation

overtime

overtime pay

ownership

ozone

Pacific Coast Stock Exchange

package deal

package plan

packaging

paper currency

paper money

par value

par-value stock

parent company

parity

parity price supports

parity prices

partial-payment mortgage

participating preferred stock

participatory activities

partner

partnership

partnership agreement

partnership contract

patents

patronage dividend

patronage refunds

pawnshops

payee

payment

payments, balance of

payrolls

Peace Corps

peak

peak, of business cycle

pension plans

per capita

per capita disposable personal income

per capita GNP

per capita income

per capita national debt

per capita output

performance

perils

permit

personal (consumer) credit

personal consumption expenditures

personal credit

personal data sheet

personal distribution of income

personal income

personal income tax

personal liability

personal liability coverage

personal loan

personal property

personal property tax

personal saving

personal service workers

personal taxes

personality

personality traits

personnel

personnel officer

personnel worker

picket lines

picketing, types of

piecework

pipelines, and distribution of goods

policy

policy holder

policy, life insurance

policyholder

Political Action Committee

political activities

political freedom

political power

political pressure

politics

poll (head) tax

pollution

pool

population

population explosion

portability

portfolio

possible market and opposition

Postal Service, United States

postal money orders

potential customers

poverty

poverty income gap

poverty level

poverty line

poverty, war on

precious metals

precooked foods

preferential-shop arrangement

preferred stock

premium

premium, insurance

premiums, and trading stamps

present worth

previous-balance method

price

price ceiling

price competition

price controls

price elastic

price index number

price indexes

price inelastic

price level

price schedule

price supports

price system

price-fixing

prices, consumer

pricing, unit

primary advertising

primary boycott

primary deposit

primary wants

principal

principles (canons) of taxation

priorities

prison systems

private corporation

private demand

private enterprise

private enterprise system

private insurance

private lender

private monopolies

private property

private sector

private wants

private wealth

privatization

problem-solving process

processed goods

Producer Price Index

producer

producer's costs

producers' (capital) goods

product

product differentiation

product niches

product perfection

product safety

production

production changes

production cooperatives

production costs

production efficiency

production factors

production possibilities

production possibility curve

productive capacity

productive effort

productive resources

productivity

productivity, factors affecting

products

professional organizations

professional workers

profit

profit margin

profit motive

profit, excess

profit, normal

profit-sharing plan

profits

progressive tax

promissory note

promotional sale

propaganda

property

property damage

property damage liability

property income

property insurance

property tax

property, personal

proportional tax

proportional taxes

proprietor

proprietors' income

proprietorship

proprietorship

prosperity

protectionism

protectionists

protective tariff

prototype

proxy

public (government-owned) corporations

public assistance

public debt

public domain

public expenditures

public goods

public health

public health services

public housing

public monopolies

public policy

public property

public relations worker

public safety

public sector

public services

public utilities

public utilities commission

public wants

public wealth

public welfare

public, goods and services for

pump priming

punitive tax

purchasing cooperatives

purchasing power

purchasing-power parity theory

pure (economic) profit

pure (net) interest

pure capitalism

pure competition

pure interest

pure monopoly

pure profit

pyramiding control

quality

quality control

quality of life

quantity

quantity theory of money

quitclaim deed

quotas

Railpax

railroads

Railway Labor Act

rate

rate discrimination

rate of exchange

rate of formation

rate of profit

rate of return (on investment)

rates

rational advertising

rational appeals

rationing

raw goods

raw materials

real annual interest rate

real cost

real dollar

real estate

real estate broker

real estate controls

real estate mortgage

real estate property tax

real flow

real income

real property

real wages

receipts

receipts (government)

recession

Reciprocal Trade Agreements Act

records

recovery

recycling

redeem

refund

refund annuity

refunding (debt)

regional market

registered bonds

registered trademark

registration

regressive tax

regular charge account

regulation

regulatory agency

reinvestment

relation to technology

remedial loans

remedies

rent

rental income of persons

Reorganization Act of 1970

repossession

representation, type of

representative value

Representatives

required reserve

research

research and development

reserve requirement

reserve, types of

resource allocation

resources

restriction of output

restrictive endorsement

resume

resume writing

retail

retail stores

retailer

retailing

retained earnings

retirement

Revenue Act of 1964

revenue

revenue-sharing

revolving charge account

rider

right-to-work laws

rights

rights, consumer bill of

risk

risk bearing

risk, in insurance

robots

robots, industrial

royalty

references

rural problems

sabotage

safe deposit boxes

safety, product

salary

sale, bill of

sales figures

sales tax

salespeople

savers

saving

savings

savings accounts

savings and loan associations

savings bonds

savings certificate

savings certificates of deposit

savings passbook

savings program

scabs

scale of living

scale of production

scarcity

scientific method

seal of approval

searching for a niche in the market

seasonal goods

secondary boycott

secondary picketing

secondary wants

secret partners

secretary

secured bonds

secured credit sale

secured loan

Securities and Exchange Commission

securities

securities market

securities, corporation

security agreement

sedentary activities

seigniorage

selective advertising

self-interest

self-inventory

self-regulated market

self-sufficient

seller's market

sellers

selling

semi-skilled workers

Senate

senior citizens

seniority

seniority clause

seniority rating

Series E and EE savings bonds

Series H and HH savings bonds

service accounts

service charges

service cooperatives

service firms

service occupations

service sector

service tax

service workers

service, economic

services

settlement costs

settlement options

severance taxes

shared appreciation mortgage

shareholders

shares

Sherman Antitrust Act

shifting a tax

shipping companies

shop steward

shop, agency

shopping

short weight

short-term credit

short-term loans

shortage

signature card

silent partner

silver bullion

silver certificates

silver coins

silver standard

simple interest

single proprietorship

single-family dwelling

single-tax proposal

skilled workers

skills

slowdowns

Small Business Act of 1953

Small Business Administration

small loans

small-loan companies

Smith, Adam

Social Security Act

social accounting

social capital

social change

social cost

social goals

social institution

social insurance

social overhead capital

social problems

social security

social security payment

social security system

social security tax

social welfare

social work

socialism

society, problems of

software

Soil Conservation Act

Soil Conservation Service

soil bank

sole (individual ) proprietorship

sole proprietorship

special assessments

special endorsement

special taxes

specialization

specialization (division of labor)

specialization of labor

specialized capital

specialty stores

specific tariff

spectator activities

speculation

speculation, borrowing for

speculative profits

speculators

spending

spending plan

spillover benefits

spillover costs

stability

stability of value

stable economy

state governments

stagflation

stamp tax

Standard Metropolitan Statistical Areas

standard

standard fire policy

standard money

standard of identity

standard of living

standard of value

standard wage rates

standard, as buying guide

standardization

standardized parts

standardizing

staple crops

state aid

state bank

state capital

state government

state monopolies

statement, monthly

statistics

statute of limitations

steel industry

stock

stock certificate

stock dividends

stock exchange

stock holders

stock insurance company

stock market

stock market quotations

stock savings bank

stock, common

stock, corporate

stockbroker

stockholders

stop payment order

storage

store of value

stores

storing

straight life policy

strike

strikebreakers

structural unemployment

submarginal land

submarginal producers

subsidiary

subsidiary companies

subsidies

subsidized industries

subsidy

subsistence, level of living

substitute goods

substitution effect

suburbs

supermarkets

Supplementary Security Income

supplementary unemployment benefit

supplements to wages and salaries

supply and demand

supply curve

supply of goods, aggregate

supply of loanable funds

supply of labor

supply schedule

supply, and demand

supramarginal land

supramarginal producers

Supreme Court

surety

surety (comaker)

surgical expense insurance

surplus

surplus (corporate)

surplus (supply)

surplus budget

surveys, government

survivor's insurance

survivors' benefits

swap meets

sweatshops

sympathetic strike

synthetics

Taft-Hartley Act

take-home pay

takeover

tangible goods

tangible wants

Tariff Commission

tariffs

tax

tax base

tax burden

tax credits

tax evasion

tax payer

tax rebates

tax reductions

tax systems

tax-exempt bonds

taxable income

taxation

taxes

Teamsters

technical aid programs

technical workers

technological unemployment

technology

teenagers

telegraphic money order

telephone companies

telephone rates

telephone, payment by

television advertising

tenant

tenant farmers

Tennessee Valley Authority

tensions in economy

term insurance

term loans

term savings certificate

terms of trade

testing laboratories

Textile Workers Union of America

theft insurance

theory of wages

Third World

thrift institutions

tie-in contracts

tight money

timber land

time

time deposit

time utility

title

Tobacco Acreage-Poundage Act

token

token money

tolls

tools

total labor force

totalitarianism

tourist trade

townhouses

Trade Expansion Act of 1962

trade

trade acceptance

trade agreement

trade associations

trade barrier

trade channel

trade controls

trade expansion

trade name

Trade Reform Act of 1974

trade restrictions

trade union

trade unions training

trade, balance of

trademarks

tradeoffs

trading partners

trading stamps

trading, commodity futures

tradition

traditional economy

traditional system

traditions

training

transfer approach, advertising

transfer payment

transformation curve

transport

transportation

travel agent

travel, credit cards for

traveler's checks

treasury bills

treasury notes

Treasury, Department of

trend line

trends

trough

trough, of business cycle

trucking companies

trust department, bank's

trustee

trusts

Truth-in-Food Labeling Act

Truth-in-Lending law

Truth-in-Packaging law

turnover tax

undercapitalization

U.S. Bureau of Consumer Protection

U.S. Postal Inspection Service

uncertainty, in marketing

underdeveloped countries

underemployment

underproduction

underwrite

underwriter

Underwriters' Laboratories

undeveloped property

undistributed profits

unearned income

unearned money income

unemployed labor force

unemployed workers

Unemployment Trust Fund of U. S.

unemployment

unemployment compensation

unemployment insurance

unemployment rate

Unfair Trade Practices and Consumer Protection Law

unfair business practices

unfair employment practices

unfair labor practices

unfavorable balance of trade

Uniform Commercial Code

Uniform Limited Partnership Act

uninsured motorists

union -security clause

union federations

union label

union membership

union picket

union security

union shop

union-management cooperation

union-shop agreement

unions

unions, craft

unit cost

unit pricing

United Automobile Workers of America

United Electrical, Radio, and Machine Workers of America

United Farm Workers of America

United Hatters Union

United Mine Workers of America

United Nations

United Nations Development Programme

United States Department of Agriculture

United States Department of Labor

United States Department of the Treasury

United States Employment Service

United States Maritime Commission

United States notes

United States of Europe

United States Patent Office

United States Postal Service

United States Public Health Service

United States savings bonds

United States Treasury Department

United Steel Workers of America

universal programs

unordered merchandise

unsecured loan

unskilled workers

urban area

urban economics

urban growth

urban redevelopment

urban renewal

urbanization

usury law

usury laws

utilities

utilities, federal

utilities, public

utility

utility, marginal

VA-insured loans

value

value-added tax

value-of-service principle

variable costs

variable payments

variety store

vault cash

velocity of money

venture capitalist

vertical combination

vertical integration

vesting

Veterans' Administration

veterans' programs

visible (export and import) item

visible item

VISTA (Volunteers in Service to America)

vocational counseling

voidable contract

Volunteers in Service to America

volume of business

voluntary arbitration

voluntary bankruptcy

volunteer service

vote, economic

voting record

Wage and Hour Administration

Wage and Hour Law

wage and price controls

wage assignment

wage rates

wage system

wage-price freeze

wages

wages of management

Wagner Act

waiver of premium

Walsh-Healey Act

want ads

wants

War on Poverty Program

war

warehouse showrooms

warranty

warranty deed

Water Quality Act

water supply

watered stock

Wealth of Nations

wealth

weighted index numbers

weights and measures

welfare

welfare expenditures

welfare fund

welfare programs

Wheeler-Lea Act

white sales

white-collar occupations

white-collar workers

whole (straight) life policy

whole life insurance

whole life policy

Wholesale Price Index

wholesale

wholesale prices

wholesale trade

wholesalers

wholesaling

Wholesome Meat Act 1967

Wholesome Poultry Products Act 1968

wildcat strike

withdrawal

withholding tax

work experience

work force

work hours

work stoppages

work time

workers

workers' compensation

workers, blue-collar

working capital

working conditions

working reserves

working time

Workmen's Compensation

workplace

Works Progress Administration

workweek

World Bank (IBRD)

World Health Organization

World Wars I and II

world area

world market

world population

world trade

written contract

yellow-dog contracts

yield

Youth Opportunity Centers of the Neighborhood Youth Corps

youth market


Written by Dr. Loretta Kuse and Dr. Hildegard Kuse