Economic
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show | things that incite or motivate you to change
your economic behavior
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Consumer sovereignty | show 🗑
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show | the amount of money exchanged for a good or
service
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profit | show 🗑
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show | resources, goods, services, and money flowing
throughout the economy
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show | what is given up when a choice is made- the
highest valued alternative
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sole propritorship | show 🗑
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Private Property | show 🗑
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Resources | show 🗑
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show | the combining of human, natural, capital, and
business resources to make goods and
services
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show | a person who takes a risk to produce goods
and services in search of a profit
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show | the inability to satisfy all wants at the same
time
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Competition | show 🗑
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human resources | show 🗑
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show | a large business with many owners called
stock holders
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show | the resources from the land that are needed
to produce goods and services
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show | using goods and services
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Choice | show 🗑
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show | a form of business owned by 2 or more
individuals who share all of the risks and
profits
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Capital resources | show 🗑
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show | the amount of a good or service that
producers are willing and able to sell at a
certain price
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Demand | show 🗑
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show | people who buy and use products
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show | people who use resources to provide goods
and services
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Economy | 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.
To hide a column, click on the column name.
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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.
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:
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