economic stack review
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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| Inadequate supply of resources(Not enough) | scarcity
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| Things or items we use that are produced | Goods
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| A job done for someone | services
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| The careful management of producing, distributing, and consuming wealth and resources | economy
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| These are found in the environment | natural resources
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| anywhere goods are sold or traded | market
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| goods used to make other goods or provide a service | capital resources
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| amount paid to an individual for services provided | wages
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| one who uses goods and services | consumer
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| people who work | labor resource
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| system of organizing wealth and resources | economic system
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| decisions are made based on how things have been done in the past | traditional economy
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| the government makes the the economic decisions and owns most of the property | command economy
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| resources are owned by private citizens and economic answers come from the citizens participating in the eonomy | Market economy
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| natural resources,labor/human resources,and capital resources | productive resources
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| resources that can be replenished naturally | renewable resources
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| resources that can be depleted from the environment | non-renewable resources
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| capitalism,free market system,laissez-faire | other names for market economy
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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:
jetcore123
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