Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.

Remove ads
Don't know (0)
Know (0)
remaining cards (0)
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Economics Vocabulary

Economy The careful management of producing, distributing and consuming wealth and resources
Productive Resources Term referring to natural resources, labor, human resources and capital resources
Natural Resources Resources that are found in the environment
Labor Resources People who work
Physical Resources Resources made using the skills of a human being
Mental Labor Resources Resources made using the brain of a human being
Capital Resources Goods used to make other goods or provide a service
Renewable Resources Resources that can be replenished naturally
Non-renewable Resources Resources that can be depleted from the environment
Goods Things or items we use that are produced
Raw materials materials in their primary form
Durable goods Goods that are not depleted or consumed
Servies A job done for someone else
Market Anywhere goods are sold or traded
Consumer Anyone who used goods and services
Wages An amount paid to an individual for services provided
Scarcity Not enouch or limited resources
Created by: hdatwyler

bad sites Copyright ©2001-2016  StudyStack LLC   All rights reserved.