4 U.S. Economic shifts
Measuring Economic Activity
Guiding The Economy
Four stages of the business cycle
Vocab
100
What brought the industrial based economy
What is The Industrial revolution
100
What does GDP stand for
What is Gross domestic product
100
What is the Federal Reserves nickname
What is The Fed's
100
What is prosperity
What is when unemployment rates are low
100
What is inflation
What is Gradual increase of price of goods/services
200
Why was there an agricultural based economy
What is Farming
200
What is the standard of living
What is the country's economic health
200
What do the Feds Control
What is The amount of money in circulation
200
What is Recovery
What is when production starts to increase
200
What is deflation
What is General decrease of price of goods and services
300
What time period was the service based economy in
What is The early 1600's
300
What is the unemployment rate
What is the rate of people that are willing but unable to find work
300
What is the economy shaped by
What is Public and private forces
300
What is depression
What is high unemployment and low production for a time
300
What is National debt surplus
What is amount of money a government owes
400
Computers are the reason for which based economy
What is the informational based economy
400
What is the name for when a governments revenue exceeds expenditures in a one year period
What is Budget surplus
400
What do Public and private forces have an impact on
What is The market for goods and services
400
What is recession
What is Economic activity slows down and GDP declines
400
What is the business cycle
What is 4 cycles The economy has to go through
500
What Type of Economy are we in now
What is an informational based economy
500
When do changes in the unemployment rate happen
What is The employment rate picking up or slowing down
500
What do the feds control
What is The interest rates and amount
500
What is the order of the business cycle
What is Prosperity, Recession, Depression, Recovery
500
What is budget deficit
What is More money spent on projects than what is collected
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