Chapter 5.2
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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| market | organized way for producers and consumers to trade goods and services
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| profit | money a company has left after subtracting costs of doing business
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| revenue | money earned by selling goods and services
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| specialization | concentrating on a limited number of goods or activities
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| competition | struggle among producers for consumers' money
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| inflation | general increase in prices
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| recession | decline in economic growth for six or more months in a row
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| barter | trading of goods and services for other goods and services
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| nonprofit organinzation | do not seek to make a profit (church, museum, hospital)
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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.
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.
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