biztown
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| citizen | a member of a town city country state county
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| commutity | a place were people live work and share
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| trade | exchange goods and services
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| buisness | a company that sells goods and services
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| right | freedom of a certain way
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| responsabuility | a duty
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| FREE enterprize | a system of in witch economic desisions are made in markets by people with little goovernment influence
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| economy | A system of prouduction and distribbutation of goods sevices and resourses
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| resources | things and people used to produce goods and services
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| scarcity | a situation in witch people cant have everything they want because of limited resouces
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| human resources | the skills and abbilities of workes used in production
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| natual resorses | things used in production that occur natually in the world such as water
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| capital resouses | resourses made by people such as far tories
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| market | a system in witch people and bunisses buy and sell goods services and resourses
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| circular flow | a model of the movments of goods resourses in the econemy
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| public goods | goods and sevices that provide benifits
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| public goods | goods and sevices that exchange in markets
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| taxes | requerd payments to the government
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| philantropy | the effert to increace the well of being people through charible giving
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| nonprofit organization | instatusions developed to increace the well of others in certian years such as education health and other good causes
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| opertunetiy cost | the value of the next altenitive given up when a choice is made
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| sales price | the ammout of money a buyer pays and a seller reseives for the purchase of a good
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| profit | the money that is left over from sales after a buisness takes the law of its cost
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| cost | the price that a buisness pays for resources needed to provide a good or service
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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.
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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.
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Created by:
pvgshaver
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