Tariff - A TAX on imported goods, Quota - A LIMIT on the quantity of an item brought into a country, Embargo - A STOP/BAN on trade with another country , GDP - The total value of all goods and services produced by a country in one year., Natural Resources - Materials or substances such as minerals, forests, water, and fertile land that occur in nature., Human Capital - The skills, knowledge, and experience possessed by an individual or population, Capital Goods - Goods that are used in producing other goods., Entrepreneur - A person who organizes and operates a business, taking on greater than normal financial risks., Mixed Economy - When BOTH government and people answer the economic questions, Command Economy - When the government makes all economic decisions & owns most of the property., Market Economy - When economic decisions are guided by the changes in prices and are affected by supply and demand., Traditional Economy - An economic system in which economic decision are based on customs and beliefs., Standard of Living - The degree of wealth and material comfort available to a person or community., Specialization - When people, businesses, regions, and/or nations concentrate on goods and services that they can produce better than anyone else.,
0%
Basics of Economics
Share
by
Lisaanstey
I-edit ang Content
Embed
Uban pa
Assignments
Leaderboard
Show more
Show less
Kini nga leaderboard naka-pribado. Pag-klik sa
Share
aron himuon kini nga publiko.
Kini nga leaderboard gi-disable sa tag-iya sa resource.
Kini nga leaderboard gi-disable tungod ang imong mga kapilian lahi ra sa tag-iya sa resource.
I-revert ang mga Kapilian
Ang
Matching pairs
usa ka open-ended nga template. Dili kini makamugna ug mga marka sa leaderboard.
Kinahanglan mag log in
Visual style
Fonts
Subscription required
Mga Option
I-switch ang template
Ipakita tanan
Daghang mga format ang mugawas samtang gidula nimo ang activity.
Open results
Copy link
QR code
Mag-delete
I-restore ang gi-autosave:
?
