First 10 Words - Vocab Test Friday 2-8-19
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 | The lack of a desirable resource or commodity that forces people to choose how to utilize it. Garbage and disease are not scarce because they’re undesirable. Sunshine is not scarce because we don’t give up anything to get it. Time and money are scarce.
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| Market Economy | show 🗑
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| Opportunity Cost | show 🗑
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| Entrepreneurship | show 🗑
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| show | Financial Capital is the money necessary to start and grow a business. Real (Physical) Capital is the tools, technology, and equipment used in the production of goods and services.
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| show | An economic system in which goods are produced and the means by which income and profit are distributed. Features private ownership of the means of production (such as factories, offices, and shipping enterprises)
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| Revenue | show 🗑
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| show | What’s remaining when you subtract the costs of producing a good or service from the revenue earned from the sale of that good or service.
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| Incentives | 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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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:
kbryan1
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