Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
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
Economic Terms 6th
6th grade history terms
| Term | Definition |
|---|---|
| barter | direct trading of goods and services without money |
| benefits | something good or of positive value to someone when making a choice or decision |
| capital resources | goods purchased and used to make other goods or services |
| consumer | people who buy, and/or use, goods and services |
| cost | the total amount of money, time, and resources accumulated when you make a choice, such as a purchase or an activity |
| economics | the study of production, distribution and consumption of goods and services |
| economic want | (want) things people like or desire that can be satisfied by consuming a good, service, or leisure activity |
| entrepreneur | an individual who takes the risk of producing a product or starting a new business |
| exports | the goods or services producers in one nation sell to buyers in other nations |
| goods | objects people can hold or touch that can satisfy their economic wants |
| human resources | the people who work to produce goods and services (labor) |
| imports | the goods and services that consumers buy from sellers in other nations |
Created by:
marydykstra
Popular Geography sets