Chapter 3.1-3.2
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Vocab
Types of Economics
GOOD LUCK.
100
Exclusive control of a product
What is a monopoly
100
A beloved character recently killed off and brought back on a popular TV Show
Who is Brian Griffin?
100
A trade whenever an item is sold or bought in the marketplace
What is an exchange
100
theory that production distribution and exchange should be regulated by a community
What is socialism
100
The name of the dot above an i.
What is a tittle?
200
money earned from conducting business
What is profit
200
The newest player piece added to the classic monopoly game.
What is a cat
200
Kinds of things that can be bought and be touched or held
What is a good?
200
a society where all property is publicly owned and people are paid by their needs and abilities
What is Communism?
200
A president who could talk over 200 words per minute.
Who is John F. Kennedy?
300
Amount of product equal to the amount of demand
What is Equilibrium
300
A device from dish capable of recording several shows at once.
What is the hoppa'
300
When supply exceeds demand.
What is a Surplus
300
an economic system in which a countries trade and industry is controlled by private owners for profit .
What is Capitalism?
300
Good job, get free points for your courage.
What does being awesome feel like? Murray, give this person some points!
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