Economics
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show | Incentives
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show | Consumer sovereignty
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show | Price
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show | Profit
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resources, goods, services, and money flowing throughout the economy | show 🗑
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what is given up when a choice is made- the highest valued alternative | show 🗑
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show | Sole proprietorship
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property owned by individuals and businesses for use without undue interference by the government | show 🗑
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show | Resources
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the combining of human, natural, capital, and business resources to make goods and services | show 🗑
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a person who takes a risk to produce goods and services in search of a profit | show 🗑
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show | Scarcity
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show | Competition
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time, energy, and skills needed to produce goods and services | show 🗑
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show | Corporation
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show | Natural resources
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using goods and services | show 🗑
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selecting an item or action from a set of alternatives | show 🗑
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a form of business owned by 2 or more individuals who share all of the risks and profits | show 🗑
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the tools, machinery, factories and money that are used in providing goods and services | show 🗑
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show | Supply
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show | Demand
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people who buy and use products | show 🗑
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show | Producer
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the management of the resources of a country | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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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.
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:
Rtan
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