ECO Topic 2 Vocabulary Lessons 5,6,7 PEARSON 2016
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show | the incentive that drives individuals and business owners to improve their material well-being
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legal equality | show 🗑
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show | the principle that people have the right to control their possessions and use them as they wish
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show | a private organization that tries to persuade public officials to act in ways that benefit its members
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show | love of one’s country
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eminent domain | show 🗑
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public interest | show 🗑
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show | the study of economics behavior and decision-making in small units, such as households and firms
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macroeconomics | show 🗑
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gross domestic product | show 🗑
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business cycle | show 🗑
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patent | show 🗑
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show | a government document that grants an author exclusive rights to publish and sell creative works
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show | a commitment to the value of work
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public good | show 🗑
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public sector | show 🗑
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show | the part of the economy that involves the transactions of individuals and businesses
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infrastructure | show 🗑
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free rider | show 🗑
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show | a situation in which the free market, operating on its own, does not distribute resources efficiently
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show | an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume
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poverty threshold | show 🗑
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show | government aid to the poor
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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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