Who Runs This Economy?
In this system, consumers and businesses mostly decide what gets produced.
What is a market economy?
When money left after costs is in sight,
this word means the business did something right.
What is profit?
Money set aside for unexpected expenses.
What is an emergency fund?
“Move from opinions to defensible claims” means your answer needs this.
What is evidence?
Like Glinda managing her image, this business function shapes how people view a company
What is promotion?
In this system, government makes most major production decisions.
What is a command economy?
Give up one thing so another may thrive;
this choice-versus-choice keeps business alive.
What is a trade-off?
A plan for how income will be spent and save
What is a budget?
“Give me a real example — not a definition” pushes students beyond recall into this higher-level skill.
What is application?
If a business becomes popular “because I knew you,” the specific group it wants to serve is called this.
What is a target customer?
This system blends private decision-making with government involvement
What is a mixed economy?
The next best option you leave at the gate;
economists use this term for that fate.
What is opportunity cost?
Buying Jordans before paying your phone bill is choosing one of these over a need.
What is a want?
“Where’s your stakeholder?” really asks who is ______ by the decision.
What is affected?
A company goes viral on TikTok but ignores product quality; the likely risk to its image is this type of risk.
What is reputational risk?
Mr. Cross kept pushing this question: “Who has more ______?” when comparing economic systems.
What is the government?
When customers side-eye your brand and then drift,
this kind of risk can damage your gift.
What is reputational risk?
This 3-digit number helps lenders judge how risky it is to loan you money.
What is a credit score?
“If it’s legal, it’s ethical” was used to separate law from this concept.
What is ethics?
Elphaba-level independence sounds cool, but a business with one owner and no legal separation is this form.
What is a sole proprietorship?
Healthcare pricing, public transportation, and minimum wage are good examples because they force a society to decide how much power belongs to markets versus this actor.
What is the government?
A choice may be legal yet still feel wrong to your crew;
this clash of values is the term I need from you.
What is an ethical dilemma?
Interest earned on both your original savings and prior interest is called this.
What is compound interest?
“Use the vocabulary, not vibes” was basically a call for this quality in student thinking.
What is precision?
When a company looks great in public but harms people behind the scenes, the deeper issue is not branding but this.
What is ethics?