Save
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.
Didn't know it?
click below
 
Knew it?
click below
Don't know (0)
Remaining cards (0)
Know (0)
0:00
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

6th Chapter 7vocab

Economics

TermDefinition
Gross Domestic Product (GDP) the monetary value of all finished goods and services made within a country during a specific period
GDP per capita a metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a country by its population
Productive resources used to produce the goods and services that enable it to survive and prosper- often classified into three groups: natural resources, human resources, and capital resources
Natural resources materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain
Human Capital the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Capital goods goods that are used in producing other goods, rather than being bought by consumers
Entrepreneurship the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
Production the action of making or manufacturing from components or raw materials, or the process of being so manufactured
Literacy rate Total number of people who can read and write in a given age group, expressed as a percentage of the total population in that age group
Standard of living the degree of wealth and material comfort available to a person or community
Created by: heatherkirk1978
 

 



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:
Retries:
restart all cards