My Econimics Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Economy | The careful managment of producing,distubiting, and consuming wealth and resources.
🗑
|
||||
| Econimic System | System of orginizing wealth and resources.
🗑
|
||||
| Market Economy | System in which resourcesre owned by private citizens and economic answers come from the citizens participating in the economy.
🗑
|
||||
| Command Economy | System in which the government makes the economic decisiond and owns most of the property.
🗑
|
||||
| Traditional Economy | System in which decisions are made based on how things have been done in past.
🗑
|
||||
| Productive Resouces | Term reffering to natural resources, labor/human resources, and capital resources.
🗑
|
||||
| Natural Resources | Resources that are found in the eviroment.
🗑
|
||||
| Labor Resources | People who do work.
🗑
|
||||
| Capital Resources | Goods used to make other goods or provide a service.
🗑
|
||||
| Renewable Resources | Resouces that can replinished natrually.
🗑
|
||||
| Non - Renewable Resources | Resources that caan be depleted form the enviroment.
🗑
|
||||
| Goods | Things or items we use that are produced.
🗑
|
||||
| Services | A job done for someone else.
🗑
|
||||
| Market | Anywhere goods are sold.
🗑
|
||||
| Consumer | Anyone who uses goods and services.
🗑
|
||||
| Wages | An amount paid to an individual for services provided.
🗑
|
||||
| Capitilism, Free Market, Laissez-Fair | Other names for a market economy.
🗑
|
||||
| Scarcity | An inaquate supply of resources (not enough).
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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
Created by:
r1105879
Popular History sets