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Daniel Klette
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Decks in this class (12)
Factors of Production
What are natural resources,
What are the 4 characteristics of...,
What does it mean when we say nat...
59
cards
Circular flow and quantitative elements
What is the ultimate aim of any g...,
What are final goods and services,
What are 2 characteristics of fin...
36
cards
Economic Systems
What is a free market economy,
What are the characteristics of a...,
What are the advantages of a free...
13
cards
Dynamics Of Perfect Markets
What is a market,
What is marginal cost and give th...,
What is marginal revenue and give...
32
cards
Dynamics Of Imperfect Markets
What is true when it comes to mar...,
Look at graphs in booklet,
What are the three examples of im...
20
cards
Economic Structure of South Africa
Define the primary sector,
List the economic importance of t...,
Define the secondary sector
13
cards
Price Elasticity
What is utility,
What is total utility,
What is marginal utility
38
cards
Economic Growth: Wealth Creation and Distribution
What is wealth,
Physical wealth,
Financial wealth
52
cards
Economic Development
When does economic growth exist,
When does economic development exist,
What does economic growth imply
23
cards
Money And Banking
What is money,
What is exchange value,
What is the quantity theory of money
26
cards
Globalisation
What is globalisation,
What are the 7 causes of globalis...,
What are the 5 positive results o...
8
cards
Environmental Deterioration
What are the components of the en...,
What are the 7 problems with envi...,
What is pollution
15
cards
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Economics G11
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