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April 27

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
        Help!  

Word
Def.
Felony   Serious crime, such as murder or arson  
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Misdemeanor   Minor offenses punishable by up to a year in jail or a fine  
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Defendant   Person defending himself or herself in a court of law  
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Plaintiff   Person who brings a legal charge or lawsuit  
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Verdict   The finding or answer of a jury given to the court concerning a matter submitted to their judgment  
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Economics   Social science that studies the choices of producers and consumers as they try to satisfy unlimited wants and needs with limited resources  
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Wants   To desire greatly; wish for  
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Needs   Of necessity  
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Land   Property and natural resources, one of the four factors of production  
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Renewable Resources   Natural resource that can be replaced, such as trees  
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Consumer   A person who buys and uses products  
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Labor   Work, one of the four factors of production  
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Capital   Factor of production, such as finances and capital goods  
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Entrepreneurship   Starting and expanding enterprises  
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Productivity   Amount of goods and services an economy makes, or output  
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Limited Resources   Also called scarcity, the economic fact that no one has sufficient resources to meet all of his or her wants and needs  
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Services   Intangibles that people use and cannot buy, such as telephone service  
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Goods   Articles of trade; wares; merchandise  
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Wages   Payment for labor  
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Salary   Compensation for employees in exchange for work and time  
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Producer   Company or individual that makes goods or services that consumers purchase and use to satisfy their wants and needs  
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Nonrenewable Resources   Neutral resources such as minerals and fossil fuels that cannot be replaced  
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Created by: Civics123
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