Economic + Systems = Ecosystems
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| show | Social science that deals with the production,distribution, and consumtion of goods.
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| show | 1(What to produce? 2(How to produce it? 3(For whom to produce it?
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| show | Based on customs and traditions
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| What is bartering? | show 🗑
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| show | Decides what goods are made and how they will be made
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| What is a market economy? | show 🗑
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| What is capitalism? | show 🗑
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| How many countries have a market economy? | show 🗑
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| show | Quantity of a product or service in a market and available for purchase.
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| What is demand? | show 🗑
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| show | Combination of privately owned and government owned businesses.
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| What is a tariff? | show 🗑
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| show | A limit on the amount of foreign goods bought.
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| show | A ban on trade with another country.
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| What is GDP? | show 🗑
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| What are human resources? | show 🗑
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| What are capital goods | show 🗑
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| What are natural resources? | show 🗑
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| What is an entrepreneur? | show 🗑
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| show | How well citizens live in a country.
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| What is literacy rate? | show 🗑
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| show | Producing or providing a service based on what you do best.
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| What is opportunity cost? | show 🗑
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| What are two examples of capital goods? | show 🗑
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| What are two examples of natural resources? | show 🗑
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| show | It can provide training and education to people.
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| What is exchange rate? | show 🗑
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| What is currency? | show 🗑
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Created by:
The_Selfieholic
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