Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

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.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
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

Econimics Vocabulary

Market Economy An economic system in which indidviduals are free to compete, to earn a living, to earn a profit and to own property.
free market An economic system in which buyers and sellers are free to exchange good and services as they choose.
profit The income a business has left after paying its expenses
scarcity The problem of limited resources
law of supply Ane economic rule that states businesses will provide more products when they can sell them at higher prices and fewer products when they must sell them at lower prices
law of demand An economic rule that states that buyers will demand more products when they can buy that lower prices and fewer products when they mist buy them at higher prices
free enterprise Principle that business owners in a free market e allowed to run there businesses in any way they see fit, with little government interference
capitalism An economic system based on private ownership that means of the porduction.
monopoly A company at controls all production of a good or service.
stock A share ownership in a production
stockholders People who own corporate stock.
dividends Profits paid to corporate stockholders.
natural resources Any natural resources that are used by humans , such as water, petroleum , minerals, forests, and animals
labor Human effort used to make goods and services.
entrepreneur A business owner.
Created by: arcurry384
Popular History sets




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:
restart all cards