defining terms
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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Unemployment rate | show 🗑
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show | recurring slowdown and growth of an economy.
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expansion | show 🗑
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recession | show 🗑
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show | major slowdown of economic activity.(millions out of work, business fail, and the economy operates at far below capacity)
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recovery | show 🗑
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show | a successful, flourishing, or thriving condition, esp. in financial respects; good fortune.
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show | economic system in which the government minimizes its interference with the economy.
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capital goods | show 🗑
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show | money needed to start and operate a business.
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capitalism | show 🗑
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show | also called a command economy) a type of government that relies on collectivization of labor and good to equal out the classes.
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show | a system in which ownership of assets, and the control over the means of production, are taken from the people and given to the government.
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show | (transitional economy) an economic system in the process of shifting from central planning to competitive markets.
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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:
javionwalker13
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