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
reeses economy stack
economy stack
| Question | Answer |
|---|---|
| inadequit supply of resources | scarcity |
| thiings or items we use and produce | goods |
| a jod done for another | services |
| the careful manegment ofproducing,distributing, and consuming of wealth and resources | economy |
| these are found in the environment | natural reasources |
| anywhere goods are sold or traded | market |
| goods used to make other goods or services | capitol resources |
| amount paid to an individual for services provided | wages |
| one who uses goods or services | consumer |
| people who work | labor resource |
| system of organizing wealth and resources | economic system |
| decisions are made based on how thinga were done in the past | Traditional economy |
| the gov. makes the economic decisions and owns most of the property | cammand economy |
| reasources are ouned by the cidisens and economic decisions are made by the citisens | market economy |
| natural resources, labor/human resources, capitol resources | productive resources |
| resource that can be replenished naturaly | renowable resources |
| resources that can be deplaeted from the environment | non-renewable resources |
| capitalism,free market system,laisswz-rair | other names for market economy |
Created by:
b0908165
Popular World History sets