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.
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

Exploring Economics

Social Studies Exploring Economics

Scarcity The lack of resources
Supply Is the amount of a good or service that the producer wants to sell
Demand Is the amount of product that a consume wants to buy
Capital Is money used to make or do things
Entrepreneurship The act of running a business and taking rights of that business
Market Economy An individual that decides what to buy make and sell
Command Economy A central government decides what goods will be made
Mixed Economy The government has some control over what and how much is made.
Traditional Economy Is based on custom.
Technology Is using knowledge in a practical way to accomplish a task.
Free Market Force that balance each other overtime
Created by: felix.m