A study stack...............hehe
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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What is scarcity? | Inadequate supply of resources(not enough)
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What is goods? | Things or items we used that are produced.
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What is services? | A job done for someone else.
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What is economy? | The careful management of producing, distributing,and consuming wealth and resources.
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What is natural resources? | These are found in the enviorment.
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What is market? | Anywhere goods are sold or traded.
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What is capital resources? | Goods used to make other goods or provide a service.
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What are wages? | Amount paid to an individual for services provided
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What is consumer? | One who uses goods and services.
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What are labor resources? | People who work.
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What is economic system? | System of orginizing wealth and resources.
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What is Traditional Economy? | Decisions are made based on how things have been done in the past.
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What is Command Economy? | The government makes the economic diecisions and owns most of the property.
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What is Market Economy? | Resources are owned by private citizens aand economic answers come from the citizens participating in the economy.
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What is Productive Resources? | Natural Resources,labor/human resources,and capital resources.
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What is renewable resource | Resources that can be replenished naturally
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What is Non-Renewable Resource | Resources that can be depleted from the enviorment.
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Other names for market economy | Capitalism,free market system,laissez-faire.
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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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Created by:
fluffybunnies46
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