Economics
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| show | the study of how people meet their wants and needs
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| opportunity cost | show 🗑
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| demand | show 🗑
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| show | the amount of a good or service that is available for use
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| producers | show 🗑
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| show | people or businesses that buy or consume products
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| incentive | show 🗑
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| show | an organized way for producers and consumers to trade goods and services
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| show | the money a company has left after subtracting the costs of doing business
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| revenue | show 🗑
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| show | the act of concentrating on a limited number of goods and services
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| show | the struggle among producers for consumers' money
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| show | a decline in economic growth for six or more months in a row
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| traditional economy | show 🗑
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| market economy | show 🗑
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| command economy | show 🗑
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| show | combines elements of traditional, market, and command economic systems with varying levels of government control
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| developed country | show 🗑
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| show | has a less productive economy and lower standard of living
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| show | the amount of goods and services produced given the amount of resources used
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| gross domestic product (GDP) | show 🗑
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| show | the exchange of good and services in a market; benefits both the buyer and the seller
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| show | goods and services produced within a country and sold outsides the country's borders
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| show | goods and services sold in a country that are produced in other countries
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| tariff | show 🗑
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| trade barrier | show 🗑
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| free trade | 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:
csmeza
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