Econimics Vocabulary
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| show | An economic system in which indidviduals are free to compete, to earn a living, to earn a profit and to own property.
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| show | An economic system in which buyers and sellers are free to exchange good and services as they choose.
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| profit | show 🗑
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| scarcity | show 🗑
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| law of supply | show 🗑
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| law of demand | show 🗑
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| free enterprise | show 🗑
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| show | An economic system based on private ownership that means of the porduction.
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| monopoly | show 🗑
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| stock | show 🗑
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| stockholders | show 🗑
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| dividends | show 🗑
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| show | Any natural resources that are used by humans , such as water, petroleum , minerals, forests, and animals
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| show | Human effort used to make goods and services.
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| show | A business owner.
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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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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.
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