Economics
THE STUDY OF MARKETS AND SYSTEMS
ECONOMICS
Capital
The highest court in the United States
Supreme Court
Small towns and farming villages
Rural Area
Efforts of people who process natural resources into goods or to deliver sevices
Labor
PRODUCTS MADE TO BE SOLD
GOODS
Language, beliefs, traditions, and political systems
Culture
The art and science of the government
Politics
A person who lives in a country but is not a citizen
Alien
An absolute ruler
Dictator
Carefully devised plan
Strategy
A community of animals and plants interacting with their environment
Ecosystem
A person who enters a foreign country in order to live there
Immigrant
Materials Supplied by nature that are useful or necessary for life
Natural Resources
The study of politics
Civics
A relationship that makes buying and selling easier
Market
Public places that provide for the needs of a community
Community Service
A leader who plays on peoples prejudices in order to gain power
Demagogue
Rare or short supply
Scarce
The study of land and the human interaction with it
Geography
A process of offering price, quality or other advantages to two or more suppliers to try to gain the business of a buyer
Competition
An official count of all people living in a country or district
Census
The process by which someone becomes a citizen
Naturalization
An economy where people are free to decide what, how, and for whom to produce goods and services
Market Economy
The study of markets and systems