Economics Flashcards
1
Q
it is not a country with an abundance of all resources
A
economics system
2
Q
an area with sate rules
A
traditional economics
3
Q
a capitalist economic systems when it individuals
A
market economy
4
Q
a sciaslitor conmunils
A
command economy
5
Q
a system in many developer countries
A
mixed economy
6
Q
capitalism
A
communism
7
Q
government owns/regulates some parts of the economy
A
socialism
8
Q
people who work/ provides work service
A
human resources
9
Q
individuals and private businesses own everything and make economic decisions
A
capitalism
10
Q
within territory
A
scarcity
11
Q
every country has a system
A
goods and services
12
Q
you have to do whatever the king or queen say to do
A
supply and demand