Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


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.
We do not share your email address with others. It is only used to allow you to reset your password. For details read 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.
Don't know
Know
remaining cards
Save
0:01
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:
Retries:
restart all cards
share
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 Chapter 1

econ words

TermDefinition
Economics the study of how society chooses to use scarca resources to satisfy its unlimited wants & needs
Economist somoeone who studies economic theory and applies it to the real world
Microeconomics the study of a single factor of economy such as individuals, households, business, and industy
Macroeconmics the study of an entire economy or one of its pronciple sctors
Consumers one who buys goods
Producers a person, group or business that makes goods
Goods an object or material that can be purchase
Services any action or activity that is performed for a feed
Resources
Factors or Production
National Resources
Human Resources
Capital Resources
Capital goods
Consumer Goods
Technology
Entreprenuership
Entrepenuer
Created by: Robert415