The American Economy
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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| show | Tangible objects we use to satisfy our wants and needs
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| Services | show 🗑
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| Factors of Production | show 🗑
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| show | Gifts f nature that make production possible
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| show | Humans working towards something
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| show | Previously manufactured goods used to make other goods and services
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| show | Someone who starts a new business
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| show | Total dollar value of all final goods and services produced in a country
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| Standard of Living | show 🗑
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| show | Free and willing exchange of goods and services
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| Factor Markets | show 🗑
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| Product Markets | show 🗑
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| Productivity | show 🗑
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| show | When people concentrate on goods and services they can produce better than anyone else
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| Division of Labor | show 🗑
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| Economic Interdependence | show 🗑
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| Capitalism | show 🗑
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| Free Enterprise | show 🗑
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| Consumer Sovereignty | show 🗑
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| show | The freedom to all to use the property we own as we choose
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| show | The struggle that goes on between buyers and sellers
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| show | Money businesses receive for their products or services
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| Profit Motive | show 🗑
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| show | The act of buyers and sellers freely and willingly engaging in market transactions
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| Laissez-Faire Economics | show 🗑
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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:
alecperrell
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