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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Economics | show 🗑
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show | Idea that the world is becoming increasingly interconnected on a global scale such that smaller scales of political and economic life are becoming obsolete
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show | rapid economic & social changes in manufacturing that resulted after the introduction of the factory system to the textile industry
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Postindustrial | show 🗑
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Commodities | show 🗑
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show | Spending more money on imports than earning from exports
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Trade Surplus | show 🗑
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Outsourcing | show 🗑
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show | Business that provides assistance instead of making a good
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show | Country in the process of becoming industrialized
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show | Any resource replaced by natural processes more quickly than it is consumed
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Exchange Rate | show 🗑
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show | the tools, equipment, and buildings that are used to produce goods and services
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Gross Domestic Product (GDP) | show 🗑
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show | not having enough resources to produce all of the things we would like to have therefore people must make choices.
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Tariff | show 🗑
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Specialization | show 🗑
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Created by:
ddenson80
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