Economy
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| show | The materials that people combine to make something that satisfies our wants or needs
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| Land | show 🗑
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| show | the skills, knowledge, time and energy of people involved in making a product or providing a service
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| show | Man-made items like tools and factories used to produce a good or service
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| Wants | show 🗑
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| Production | show 🗑
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| show | The act of making a product or service available to people
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| show | The act of using a good or product
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| show | The positive aspects associated with a choice
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| Scarcity | show 🗑
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| show | The most important benefit that you give up because you choose something else.
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| Traditional | show 🗑
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| show | You have little to say in economic decisions.
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| show | People have a major say in economic decisions.
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| show | An economy that is a mixture of the three basic systems.
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| show | The amount of goods and service producers are willing and able to offer at different prices.
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| Law of supply | show 🗑
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| Demand | show 🗑
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| show | As prices go down, the demand goes up. As prices go up, the demand goes down.
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| show | The price at which buyers and sellers agree to trade.
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| show | seeks to entice customers into purchasing specific goods or services, often by appealing to their emotions and general sensibility.
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| show | Provides the customer with hard data about the nature and function of the product.
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| Negativity | show 🗑
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| show | The focus becomes people's need to belong to a group.
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| Scare tactics | show 🗑
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| show | Stressing that things were better in the past is the key.
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| show | The ad taps into the idea that some people obsess over social status.
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| Humorous | show 🗑
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| show | Legitimate science is used to impress the consumer.
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| show | Individuals speak about their real life experiences.
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| show | The four goals of advertising
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| Slogans | show 🗑
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| Jingles | show 🗑
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| Trademarks | show 🗑
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| show | The total, final value of products created within the boarders of a nation in a year.
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| show | Refers to the total value of goods and services produced by nationality, regardless of location.
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| show | means an increase in the production of goods which provides citizens with a higher standard of living.
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| Inflation | show 🗑
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| Deflation | show 🗑
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| GDP per capita | show 🗑
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| show | Represents the value of a nationality's final output of goods and services in a year, divided by it's population.
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| show | Two quarters of negative economic growth or 6 months of negative economic growth.
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| 13th amendment | show 🗑
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| 14th amendment | show 🗑
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| 15th amendment | show 🗑
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| show | income tax allowed
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| 18th amendment | show 🗑
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| show | women given the right to vote
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| show | Prohibition repealed
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| show | President limited to two terms
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| show | poll tax outlawed
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| show | Presidential success defined
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| show | 18 year olds given the right to vote
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| show | Restrictions placed on Congressional pay raises
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