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

economic choices

words for 3rdgrade students related to the cause & effect of economic choices

goods products, or things, that can be bought or sold
services work that someone does for someone else
consumer a person who buys a product or service
producer someone who makes a product
supply the amount of goods offered for sale by a business
demand the desire or need for a service or product
scarcity a shortage or lack of supply of a product or service
budget a plan for saving and spending money
opportunity cost what you give up in order to get what you want
free enterprise the opportunity to start a business, to make and sell for profit any product or service allowed by law
economics the study of the flow of goods and services through producers and consumers
earn to work for something
spend to use something up
save to set something aside to be used at another time
system a group of related parts that work together to achieve something; or the "rules" that bring order to a process
cause Something that makes something else happen. Out of two events, it it the first to thing to happen.
effect Something that happens as a result of a cause. Out of two related events, it is the second or last thing to happen.
Created by: spoon5



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