Economic bases
The 4 types of economic systems
Traditional, planned, mixed, and free markets
If you have a yen for yen, you'll know the yen is this country's currency
Japan
Matt served the calendar years 2009 through 2013 in prison, so he marked off this many first days of the month
60
Not working for an employer but finding work for yourself or having your own business
Self-employed
The most significant work published in three volumes which became a cornerstone of one economics.
Capital (Karl Marks)
A job that involves encouraging people to buy a product or service
Marketing
It's no longer made up of 20 shillings, but it's still the unit of currency of Great Britain
the pound
After spending $200 at the store, Eric has 20% of his money left, meaning he started with this total
$250
An amount of money that is paid to an employee, especially for each hour worked
Wage(s)
His most famous book "What is The Wealth of Nations?"
Adam Smith
In economics, rivalry among producers to sell products to consumers
Competition
Alexander Hamilton can be found gazing out from the front of this bill
$10
John bought 60 bottles of Coke, gave away a third of them, then bought 8 more, giving him this many total
48
The situation of not having a job that provides money, or the number of people in this situation at any time
Unemployment
Actor Will Smith said he taught his son about financial independence by reading this book of the American businessman famous for the book series about financial literacy and investments.
Rich Dad Poor Dad (Robert Kiyosaki)
The system of trade and industry by which the wealth of a country is made and used
Economy
Big Bill McKinley was on this big bill last issued in 1945; it's worth 5 Franklins
$500
Jogging at 6 miles an hour, it takes Steve this long to travel 1.5 miles
15 minutes
People who work in offices, doing work that needs mental rather than physical effort
White-collar workers
The author got famous for "An American Tragedy". The book in question is based on the life of Charles Tyson Yerkes, who became a Chicago streetcar tycoon.
The Financier (T.Dreiser)
Describes the relationship between infinite needs and wants VS finite amounts of resources
Scarcity
Thomas Jefferson fans know that these were first issued in 1862 & last in 2003
$2
The office measures 10 feet by 18 feet; to carpet the whole thing will cost this much at $10 a square yard
$200
The value of the action that you do not choose, when choosing between two possible options
Opportunity cost
Koreiko has made millions through various illegal enterprises by taking advantage of the widespread corruption in the New Economic Policy (NEP) period while pretending to live on an office clerk's salary of 46 rubles a month. Name the authors of the book.
Ilya Ilf and Eugeny Petrov