Economics Vocabulary
Help!
|
|
||||
|---|---|---|---|---|---|
| show | One who buys or rents goods or services and uses them.
🗑
|
||||
| show | The study of the behavior of individuals and institutions engaged in the production, distribution and consumption of goods and services.
🗑
|
||||
| show | economic activities in one part of the country
🗑
|
||||
| show | Individual who begins, manages and bears the risks of a business
🗑
|
||||
| show | The “Central Bank” of the United States (consisting of the Board of Governors and 12 district banks) which controls monetary policy; sometimes referred to as "The Fed" or Federal Reserve.
🗑
|
||||
| show | dollar value of all final goods and services
🗑
|
||||
| show | Objects that can satisfy people's wants.
🗑
|
||||
| show | Payments earned by people in exchange for providing resources used to produce goods and services.
🗑
|
||||
| Inflation | show 🗑
|
||||
| Interdependence | show 🗑
|
||||
| show | The lower the price of a good or service, the greater the quantity that people will buy, all else held constant (e.g., incomes, tastes).
🗑
|
||||
| Law of supply | show 🗑
|
||||
| show | A place or process through which goods and services are exchanged.
🗑
|
||||
| Market economy | show 🗑
|
||||
| show | An economic system in which decisions are made by markets, government and tradition.
🗑
|
||||
| Monetary policy | show 🗑
|
||||
| Money | show 🗑
|
||||
| Natural resources | show 🗑
|
||||
| Partnership | show 🗑
|
||||
| show | One who makes goods or services.
🗑
|
||||
| Productivity | show 🗑
|
||||
| show | Total revenue minus total costs.
🗑
|
||||
| Recession | show 🗑
|
||||
| Resources | show 🗑
|
||||
| Scarcity | show 🗑
|
||||
| Services | show 🗑
|
||||
| Tariff | show 🗑
|
||||
| show | Voluntary exchange between two parties in which both parties benefit.
🗑
|
||||
| show | An economic system in which decisions are made largely by repeating the actions from an earlier time or generation.
🗑
|
||||
| show | Desires that can be satisfied by consuming goods, services or leisure activities.
🗑
|
||||
| show | accumulation of those products that are tangible, scarce, useful, and transferable from one person to another
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
MrsTakahashi
Popular World History sets