economics Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
| Question | Answer |
| The social science that deals with the production distributed and competition of goods and services | Economics |
| Economic system where private owners controle the production of goods and profits | Capitalism |
| Exchanging one good or services for another | Bartering |
| How much pepole have or whats avalible | Supply |
| What or how much a person want | Demand |
| Value of all the goods and servies producted in a country per year GPD=How rich or poor a country is | GPD |
| How well citizences lived based on goods and servies ,Education,health,care,jobs | Standard of living |
| The percentages of people in a country who can read and write | Literacy Rate |
| Making a living doing what a person does best | Specialization |
| The value of what is giving up when a choice is made | Oppotunity Cost |
| MONEY | Currency |
| How much one currency is worth in terms of another | Exchange Rate |
| Values and benifits | Traditional |
| Centeral goverment makes all desions | Comand |
| economy based on free trade and comperhension | Market |
| Government and privately owned businesses | Mixed |
| A supply of people who can product goods and servises | Human Capital |
| Items that people need to perform the job | Capital goods |
| Items that come from the world around us for our own purposes | Natural Resources |
| People with ideas willing to take risk | Eunterpuner |
| Litericey rate standered living | Hight GDP |
| literice and standerd living | LOW GDP |
| Obstacles to trade between countries | Trade barriers |
Created by:
brookwoodbroncos24
Popular Economics sets