Economics
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Market Economy | show 🗑
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| Command Economy | show 🗑
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| show | Traditions and cultural beliefs determine which goods are made, how they are made, and for whom they are made
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| show | An economy that has aspects of market, traditional, and command economies present
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| Specialization | show 🗑
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| Trade Barriers | show 🗑
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| Physical Trade Barriers | show 🗑
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| Tariff | show 🗑
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| show | A type of trade barrier where the amount of imported goods from a country is limited
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| Embargo | show 🗑
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| Human Capital | show 🗑
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| show | Goods that are used to make other goods (Examples: machinery, factories, tools)
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| show | Gross Domestic Product (GDP) is the total value of the goods and services produced within a country in a year
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| show | A material that occurs in nature, raw materials
(Examples: lumber, fossil fuels, minerals)
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| show | A person that takes a risk with his/her personal money to open a new business or provide a service
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| show | Goods that are produced in a country and shipped to other countries
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| show | Goods that brought into a country from another country
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| show | the study of making, buying, and selling of goods and services
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| show | money circulated in a country used to purchase goods and services
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| supply | show 🗑
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| demand | show 🗑
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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.
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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.
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Created by:
KimberleyAWELCH
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