This class was created by Brainscape user Abigail Flores. Visit their profile to learn more about the creator.

Decks in this class (13)

Chapter 1: What is Economics?
Need,
Want,
Economics
32  cards
Chapter 4: Understanding Demand
Law of demand,
Demand,
Substitution effect
19  cards
Chapter 5: Supply
Law of supply,
Supply,
Quantity supplied
22  cards
Chapter 6: Prices
Disequilibrium,
Equiulibrium,
Excess demand
16  cards
Chapter 7: Market Structures
What are the four conditions for ...,
Perfect competition,
Commodity
32  cards
Unit 3 Test Review
Sole proprietorship most popular ...,
A business organization,
Business license
21  cards
Chapter 2: Economic Systems
The method used by a society to p...,
The income people receive for sup...,
The love of one s country the pas...
47  cards
Chapter 3: American Free Enterprise
The force that encourages people ...,
The concept that everyone can com...,
The concept of giving everyone th...
25  cards
Chapter 8: Business Organizations
An establishment formed to carry ...,
A business owned and managed by a...,
Authorization to start a business...
34  cards
Chapter 9: Labor
All nonmilitary people who are em...,
The theory that education increas...,
The theory that the completion of...
21  cards
Unit 4 Test Review
Anything that serves as a medium ...,
Anything that is used to determin...,
The direct exchange of one set of...
27  cards
Chapter 13: Economic Challenges
Unemployment that occurs when peo...,
Unemployment that occurs as a res...,
Unemployment that occurs when wor...
34  cards
Economics Final
The study of how people seek to s...,
Something necessary for survival ...,
An item we desire but that is not...
105  cards

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Economics

  • Class purpose General learning

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