kevinbayeh Word Scramble
|
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
Normal Size Small Size show me how
Question | Answer |
productive resources | natural resources,labor/human resources,and capital resources |
traditional economy | decisions are made based on how things have been done in the past |
other names for market economy | capitalism,free market system,laissez-fair |
market | anywhere goods are sold or traded |
capital resources | goods used to make other goods or provide a service |
labor resource | people who work |
goods | things or items we use that are produced |
services | a job done for someone else |
wages | amount paid to an individual for services provided |
economic system | system of organizing wealth and resources |
scarcity | inadequate supply of resources |
natural resources | these are found in the environment |
renewable resource | resource that can be replenished naturally |
command economy | the government makes the economic decisions and owns most of the property |
consumer | one who uses goods and services |
non-renewable resources | resources that can be depleted from the environment |
economy | the careful management of producing,distributing,and consuming wealth and resources |
market economy | resources are owned by private citizens and economic answers come from the citizens participating in the economy |
Created by:
kevinbayeh
Popular History sets