Technology

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5 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? The corporation is the most common form of business ownership.? 2.? The three major forms of business ownership in the U.S. are sole proprietorships, partnerships, and corporations.? 3.? Few people today start their own business.? 4.? Once a business is established, it's almost impossible to change from one form of business ownership to another.?

chapter 4

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4 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? The Enron scandal illustrates the difference between unethical behavior and illegal behavior.? 2.? Ethical behavior requires more than following the law.? 3.? Legal behavior and ethical behavior are basically the same.? 4.? A society gets into trouble when people consider only what is illegal and not also what is ethical or unethical.?

chapter 3

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3 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Today, over 90% of the companies doing business globally believe it is important for their employees to have experience working in other countries.? 2.? Importing is the selling of products to another country.? 3.? Exporting is the selling of products to another country.? 4.? The United States imports more products and services than any nation in the world.?

chapter 2

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2 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? America's business success is largely due to an economic and social climate that allows businesses to operate freely.? 2.? Global economics and politics have no significant influence on businesses in the United States.? 3.? The study of how society chooses to employ resources to produce goods and services and to distribute them for consumption among various competing groups and individuals is known as sociology.?

chapter 1

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1 Student: _______________________________________________________________________________________ True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False True????False 1.? Businesses provide goods, jobs, and services to others.? 2.? Businesses seek to earn a profit by providing goods and services to others.? 3.? Revenue is the amount a business earns above and beyond what it spends for expenses and costs.? 4.? Profit is the amount of money a business earns above and beyond what it spends for salaries and other expenses.?

chapter 19

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Chapter 19: Drifting Toward Disunion Uncle Tom?s Cabin?1852 Harriet Beecher Stowe Inspired by the 2nd Great Awakening Wanted to show the North the horrors of slavery Especially the breaking up of families South claimed that the novel was unfair Not an accurate portrayal of slavery Stowe had never seen slavery in the Deep South Novel was very successful Millions of copies sold in US and abroad Huge political impact Northerners decided not to enforce the Fugitive Slave Law Boys who read the book in the North would be Union soldiers Popularity with the public in Europe kept European leaders from helping the South in the Civil War Another influential book The Impending Crisis of the South?1857?Hinton R. Helper

chapter 18

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Chapter 18: Renewing the Sectional Struggle The Popular Sovereignty Panacea Election of 1848 Polk does not want to run again for the democrats Democrats pick General Lewis Cass (War of 1812) Believed in popular sovereignty Popular Sovereignty? Doctrine that stated that the sovereign people of a territory should determine the status of slavery Whigs nominate General Zachary Taylor No official stance on the extension of slavery, but owned slaves Free Soil party Organized by antislavery men?agree with Wilmot Proviso Disliked slavery because it hurt whites chances to own land Wanted free soil in the West so whites could own property Nominated Van Buren Taylor won Free-soilers took votes from Democrats in NY CA Gold Rush, Sectional Balance and the Underground Railroad

chapter 17

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Chapter 17: Manifest Destiny and Its Legacy The Accession of ?Tyler Too? Webster and Clay expect to run the country after Harrison?s election Harrison is just a figurehead to get Whigs in office Unfortunately for Webster and Clay? Harrison dies after just 4 weeks in office John Tyler becomes president Many Whigs do not like Tyler Left the Democrats for the Whigs b/c he didn?t like Jackson Embraced states? rights issues Not a big supporter of the Bank, Tariffs, or Internal Improvements Clay begins to implement Whig plans Whig Congress passes a law ending the independent treasury Tyler signs it Next, Clay pushes a bill through Congress to establish a ?Fiscal Bank? This would establish a new Bank of US Tyler vetoes the bill

chapter 16

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Chapter 16: The South and the Slavery Controversy ?Cotton is King!? The South produced more than ? of the world?s supply of cotton Cotton accounted for about ? of all exports after 1840 Britain was the leading industrial power and? Its single most important manufacture was cotton cloth 1/5 of British population worked in cotton manufacturing About 75% of its cotton came from the South Southern leaders believed the British would protect them in a war with the North because of their dependence on the South for cotton? Cotton King The Planter Aristocracy The South could be described as an oligarchy What is an oligarchy? Government run by a few (usually wealthy have the power) Widened the gap between the rich and the poor Wealthy children went to private schools, therefore

chapter 15

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