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The United States is a ____________ economy Capitalist
_____________ making is the process of making _____________ Decision Decisions
To have a desire to possess something....a wish Need
Name three benefits of goal setting Direction, Motivation and focus, Less stree
People who start a business are called Entrepreneurs
The ________________ is the king of the US economy Consumer
What does the S in smart goals stand for Specific
What does the M in smart goals stand for Measure
What does the A in smart goals stand for Attainable
What does the R in smart goals stand for Realistic
What does the T in smart goals stand for Time
To require something because it is essential Need
When you are the sole decision maker, you then become the sole determiner of what is ________________ to you Essential
What are the three types of resources needed to create a product Human, Natural, Capital
Companies will make products we are willing to _______ Buy
In the US economy, who chooses how your money is spent You Do
Step on in the decision making process is ______________ Identify
A goal that can be accomplished in a year or less Short Term
A goal that will take 4 years or more Long Term
What are some Needs we all have Water, Air, Food, Shelter
What are some Wants New shoes, vacations, Cable TV
Who owns the land and what is built on it in the US Individuals and Businesses
Consumer Sovereignty is _________________ to our capitalist system Central or Important
Cuba is an example of a ____________________ economy Command
The ________________ owns the land in a command economy Government
The US economy is an _______________ economy Open
The US economy is open to the world True
Consumers in the US can by goods throughout the world True
Created by: JODU
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