Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
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
Normal Size Small Size show me how
maddieseco
scostudies4vocab
| Question | Answer |
|---|---|
| inadequate supply of resoures (not enough) | scarcity |
| things or items we use that are produced | goods |
| a job done from someone else | services |
| the careful management of producing,distributing and consuming wealth and resourses | economy |
| these are found in the environment | natural resources |
| anywhere goods are sold or traded | market |
| goods used to make other goods | capital resources |
| amount paid to an induvigule for services provited | wages |
| one who uses goods and services | consumer |
| people who work | labor resource |
| system of organizing wealth and resourses | economic system |
| decision are made based on how things have been done in the past | traditional economy |
| the government makes economic decisions and owns most most of the property | command economy |
| resources are owned by privet citizens and economic answers come from thecitizens partiipating inthe economy | market economy |
| natural resources,labor/human resources,and capital resources | productive resource |
| resource that can be replenished naturaly | renewable resource |
| resources that can be depleted from the enviorment | non-renewable resources |
| capitalism free marcet system laisser-faire | other names for marcet economy |
Created by:
s0507893
Popular World History sets