Oak Manor Center - Social Studies - Econ List 1
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| Economic Wants | show 🗑
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| show | An entity that produces and/or sells goods and services.
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| show | Someone who takes that risk to start a business.
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| Goods | show 🗑
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| Consumer | show 🗑
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| show | Actions, like a haircut, that satisfy someone's wants.
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| Interest | show 🗑
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| show | The money a business pay for labor resources
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| Rent | show 🗑
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| Costs | show 🗑
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| Producers | show 🗑
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| Scarcity | show 🗑
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| Productive Resources | show 🗑
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| Natural Resources | show 🗑
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| Human Resources | show 🗑
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| Capital Resources | show 🗑
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| show | Important things to consider when making a decision.
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| Opportunity Cost | show 🗑
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| Profit | show 🗑
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| Risk | show 🗑
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| show | The number of products consumers are willing to buy at different prices.
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| Sales Revenue | show 🗑
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| Price | show 🗑
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| show | A way to gain information about what consumers will buy at different prices.
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| show | A graph showing the number of products consumers are willing and able to buy at different prices.
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| show | The fact that consumers will buy more of a product when the price goes down and will buy less when the price goes up.
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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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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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