ECONOMY
The study of how people choose to use there limited resources to satisfy there unlimited wants
What is economics
When a product runs out quickly because lots of people want or need it
What is high demand
The type of economy the US has
What is a mixed market economy
Lack of a certain resource
What is scarcity
Another word for deliver
What is distribute
the person who controls the US economy
what is the treasurer
When a product is in stock for a long time with little to no sales
what is low demand
The type of economy that differs based on where you were born
What is traditional economy
Something that is needed to make a product
What is a resources
Another word for desire
What is want
the controller of the Chinese economy
what is the ccp
when a producer ups the cost of an idea because its in high demand
what is being smart
The type of economy where businesses and there supply/products are not owned by the government
What is market economy
A deep wish for something
What is want
Another word for supplies
What is resource
NO PICK ME
FREE JEOPARDY
when a person lowers the price of a good because it is in low demand
what is a smart person
the type of economy where the government has full control
what is a command economy
A system dealing with money
what is economy
Another word for insufficient
What is Scarcity
ME ME ME
NOTHING
when a product is not being bought
What is no demand
PICK ME
FREE JEOPARDY
The Selling of a good or service
What is distribute
Another word for financial system
What is economy