Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

Economics 3. 7, 3.8, 3.9

QuestionAnswer
What is not being able to meet all wants at the same time? scarcity
What is a desire fulfilled by the consumption of a good or service? want
What are materials that come from nature (water, soil, wood, coal)? Natural Resources
Food, shelter, air, and water are all examples of ________________. Basic needs
What are the things that people make or use to satisfy needs and wants? goods
What is the next best choice that is given up when a decision is made? opportunity cost
What are the activities that satisfy people's needs and wants? services
What is the choice of or decision among alternatives or possibilities? economic choice
What is the exchange of goods and services without the use of money? Barter
What is focusing on one product or service? Specialization
Two or more people depending on each other for goods and services is __________________. Economic Interdependence
Who are the people who use goods and services to satisfy wants? (buyers) Consumers
Who are the people who use resources to make goods and/or provide services (workers / sellers) Producers
People working to produce goods and services. Human Resources
What are the goods made by people and used to produce other goods and services? Capital Resources
What did the people of Ancient Greece specialize in? farming, shipbuilding, and pottery
What did the people of Ancient Mali specialize in? protecting the empire and growing food for the empire
How do we know that the people of Ancient Greece and Rome were interdependent? they traded goods along the Mediterranean Sea
What do we specialize in here in Virginia? shipbuilding
How are we interdependent today in Virginia? We sell our coal to other countries, but depend on other countries for oil.
Created by: elliotttwin1
 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards