Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

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.
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.

Remove ads
Don't know
remaining cards
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


trade off/barter giving up one thing in return for another
opportunity cost what is given up in exchange for something else
economics the study of production, distribution and consumption of goods and services
trade an exchange of property without the use of money
specialization breaking the production process into tiny tasks
voluntary exchange choosing to trade property because it benefits you
productivity how quickly and efficiently goods are created
price incentives a cost designed to encourage buying
budget the sum of money allocated for something
debt borrowed money that you now owe
supply how much of something is available
demand how much of something people want
scarcity when there are more wants for something than is possible
Created by: ctabor