Save
Upgrade to remove ads
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
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.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
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

Social9 Chpt 6 Vocab

QuestionAnswer
Allocate Distribute for a particular purpose
Capital Wealth in the form of money or other assets
Collective bargaining Negotiating as a group
Competition Rivalry among producers to sell products to consumers
Consumers Those who use products and services
Crown Corporation A corporation owned by the federal or provincial government
Demand The wants and needs of consumers for products and services
Economy The resources and processes involved in the production distribution and consumption of goods and services
Economics The study of the production, distribution and consumption of goods and services
Economic system How a society organizes the production and consumption of goods and services
Equilibrium A state in which opposing forces or influences are balanced
Labor Work, especially hard physical work
Labor Union An organization of workers that acts to protect workers rights and interests
Land All naturally occurring, fixed-supply resources used in production, not just physical terrain
Market Economy An economic system in which production and prices are determined by unrestricted competition between privately owned businesses
Mixed Economy An economic system that combines private enterprises with government intervention
Monopoly The excessive possession or control of the supply of or trade in a commodity or service
Privately owned Part of the economy is owned and controlled by businesses and individuals
Producers People who create products and services
Public good What's best for the society as a whole
Publicly owned Part of the economy is owned and controlled by the government and paid for with taxes
Scarcity That materials, money, land, labour, and capital have a limited amount of what they have and want
Shift left A shift on the economy continuum towards more government involvement in the economy
Created by: user-2008809
 

 



Voices

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