Section 1.2 Flashcards
0
Q
GDP
A
The value of all goods and services produced by a country
1
Q
Economics
A
The study of the choices and decisions that affect making, distributing, and using goods and services
2
Q
Profit
A
The money left after all costs and expenses of a business are paid
3
Q
Competitions
A
A characteristic of free enterprise, the struggle among companies for customers
4
Q
Copyright
A
The legal protection of a creators intellectual property or products
