Are generally allowed to operate without undue interfernece from the government. Prices are determined by supply and demand as buyers and sellers interact in the marketplace.
What is Markets
100
The use of Technology lower the _______ of production
What is Cost
100
Three types of Money generally used in the United States
What is Coins, Federal Reserve notes (Currency), Deposits
100
Career Planning starts with
What is self-assessment
100
The inability to satisfy all wants at the same time. All resources are limited.
What is Scarcity
200
Indivuals and buisness have the right to own real and personal property as well as the means of production
What is Private Property
200
Inovations in Technology contribute to
What is global flow of information, capital goods, and services
200
The United States government passes laws and creates agencies to
What is protect consumer rights and property rights
200
Supply and Demand also influence job _____
What is income
200
Things that incite or Motivate
What is Incentive
300
consits of earnings after all expenses have been paid
What is Profit
300
Virginia and the United States purse _________ in order to increase wealth
What is International Trade
300
Government agencies establish gurdelines that protect
What is public health and safety
300
An awarness of personal talents,intersts, and inspirations is needed to select a _____
What is Career
300
The amount of goods and services that consumers are willing and able to buy
What is Demand
400
Rivary between producers and/or between sellers of a good and service usually results in better quality goods and services at lower prices
What is competition
400
Worldwide markets in which the buying and selling of good and services
What is global economy
400
Consumers by take _____ _____ against violations of consumer rights
What is legal action
400
Attidues and behaviors that support a _____ _____ ethic enhance career success
What is strong work
400
Using of goods and services.
What is Consumption
500
Consumers determine through purchases what goods and services will be produced.
What is Consumer Sovereignty
500
Reasons that states and nations trade
What is to obtain goods and services
500
When the government issues coins, people accept it in exchange for _____ and _____.
What is goods and services
500
Technological advancements create _____ _____ in the workplace
What is New Jobs
500
A form of buisness organization with two or more owners who share the risks and profits