The American Economy
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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| show | Tangible objects we use to satisfy our wants and needs
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| show | Work performed by someone
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| show | Resources necessary to produce something
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| Natural Resources | show 🗑
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| show | Humans working towards something
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| Capital | show 🗑
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| show | Someone who starts a new business
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| Gross Domestic Product (GDP) | show 🗑
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| Standard of Living | show 🗑
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| Market | show 🗑
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| Factor Markets | show 🗑
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| Product Markets | show 🗑
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| show | The degree to which resources are being used effectively
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| show | When people concentrate on goods and services they can produce better than anyone else
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| Division of Labor | show 🗑
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| show | A reliance on others, as they rely on you
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| Capitalism | show 🗑
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| Free Enterprise | show 🗑
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| show | The role of consumers as the ruler of the market
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| Private Property Rights | show 🗑
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| show | The struggle that goes on between buyers and sellers
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| Profit | show 🗑
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| show | The driving force that encourages individuals to make money and improve their well being
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| show | The act of buyers and sellers freely and willingly engaging in market transactions
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| show | Economic system in where government shall not intervene with the market
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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:
alecperrell
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