Download Non-Profit Organizations

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Non-profit organization: Operates like a
business, but promotes the collective interests
of members rather than seeking financial gain
for owners.
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Schools
Churches
Adoption Agencies
Hospitals
Welfare Groups
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Another nonprofit economic organization
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Government can play both direct and indirect roles
in the economy
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Many government agencies produce and
distribute goods and services to consumers
Examples:
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Tennessee Valley Authority which supplies electric
for almost all of Tennessee and other states
U.S. Postal Service
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Acts as an umpire to make sure the market
economy operates smoothly and efficiently
Examples:
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Regulation of public utilities
Grants to people in the form of Social Security,
financial aid, unemployment, etc
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These orgs. Often provide goods and services
to their members while they pursue other
rewards
Improving educational standards
 Seeing the sick become well
 Helping those in need
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Activities often produce revenues in excess of
expenses, but they use the surplus to further
the work of their institutions.
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A voluntary association of people formed to
carry on some kind of economic activity that
will benefit its members
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Consumer Cooperatives
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Services Cooperatives
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Producer Cooperatives
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Voluntary association that buys bulk amounts
of goods such as food and clothing on behalf of
its members.
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Provides services to its members rather than
goods.
Examples
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Baby-sitting
Credit unions
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Helps members promote and sell their
products
In U.S., these are made up of farmers
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Co-ops help farmers sell their crops directly to
central markets or to companies that use the
members’ products
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Organization of workers formed to represent
its members’ interests in various employment
matters
Union participates in collective bargaining
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Negotiations with management over issues such as
pay, working hours, health care coverage, vacations,
etc.
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A group of people in a specialized occupation
that works to improve the working conditions,
skill levels, and public perceptions of the
profession
Examples
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American Medical Association
American Bar Association
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Businesses organize to promote their collective
interests
Chamber of commerce: Promotes the welfare of
its members and of the community