This type of economy has elements of both a market economy and a planned economy.
What is a mixed economy?
What are capital resources?
An economic cycle in which unemployment is declining and GDP in increasing.
What is recovery?
Price of Inputs is this type of determinant
What is a supply determinant?
In this type of economy, individuals are free to engage in business transactions
What is a market economy?
This person was cut from their high school basketball team before ultimately becoming perhaps the greatest to ever play
Who is Michael Jordan?
This is the total dollar value of all final goods and services produced in a country during one year
What is Gross Domestic Product?
This refers to the quantity of products and services that consumers are willing and able to buy at a particular price
What is demand?
An economic slowdown following a period of prosperity is called this.
This is the fundamental problem of economics
What is scarcity?
This skill is valued across all types of industries and is classified as the ability to work with others to create projects and plans
What is teamwork?
This person dropped out of Harvard becoming the youngest self-made billionaire in the world at age 26
Who is Mark Zuckerberg?
When prices for grain rise after a drought, the increase in price is caused by a drop in this.
What is supply?
Information about a person's performance or task, used primarily as a basis for improvement
What is feedback?
Non-verbal, written, and aural are all types of this
What is communication?
This is the point on the supply and demand curve where S and D intersect
What is equilibrium price?
This is a sustained increase in prices over a broad array of goods and services
What is inflation?
Who is Dr. Seuss?
This is the action or process of interacting with others to exchange information and develop professional or social contacts in order to achieve career success
What is networking?
This is the estimated percentage of job openings that are never advertised
What is 80%?
This is the phase of the business cycle that sees the lowest unemployment.
This keeps prices at a reasonable level in a market economy
What is competition?
Time management, communication, and problem solving are all considered to be these
What are soft skills?
Prior to becoming famous, this person worked jobs including to put makeup on corpses for funerals
Who is Whoopi Goldberg?
This is one's ability to see, hear, or become aware of something through our senses
What is perception?
This is a product or service that consumers see as essentially the same or similar-enough to another product.
What is a substitute?
According to the US Bureau of Labor Statistics, what is the most commonly held job in the state of Colorado?
What is being a retail salesperson?
This work benefit is the most valued work benefit for people under the age of 25; even more than working remotely
What is flexible working hours?
These are the four type of economic resources
What are natural resources, capital resources, human resources, and entrepreneurship?
Before hitting it big, this author lived in squalor and had their incredibly successful work rejected by at least twelve publishers
Who is J.K. Rowling?