Economics Flashcards by David Wheeler | Brainscape

Q

Barter

A

Trade

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Budget

A

Plan for spending money

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Currency

A

Kind of money a country uses.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Fee

A

Money paid to people to do something for you.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Global

A

All over the world

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Interest

A

Extra money added to a loan when you pay off the debt

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Loan

A

Money you borrow fron a person or bank

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Natural resources

A

Things found in nature that humans can use

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Products

A

Things that are made and then sold

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Profit

A

Ending with more money than you started with

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Stock share

A

A piece of the company that you own

How well did you know this?

1

Not at all

2

3

4

5

Perfectly