Basic Concepts of Economics
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| Economics | show 🗑
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| show | The decisions by individuals about what to do, which necessarily involve decisions about what not to do.
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| show | A system for coordinating a society's productive and consumptive activities.
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| Market Economy | show 🗑
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| Incentives | show 🗑
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| Property Rights | show 🗑
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| show | Anything that can be used to produce something else.
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| Land | show 🗑
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| show | The effort of workers.
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| show | Manufactured goods used to make other goods and services, machinery, buildings and tools.
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| Entrepreneurship | show 🗑
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| show | A resource that is not available in sufficient quantities to satisfy all the various ways a society wants to use it.
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| Opportunity Cost | show 🗑
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| Microeconomics | show 🗑
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| show | The study of the overall ups and downs of the economy.
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| show | Economic measures that summarize data across many different markets.
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| Positive Economics | show 🗑
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| Normative Economics | show 🗑
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| show | Economic term meaning happiness or satisfaction.
Marginal
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| show | Economic term meaning additional, extra or next.
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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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Created by:
lesterstoffels
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