Economics and Systems
Vocabulary
100
People have jobs, earn money, save money, saver for the future, pay for college and education
What is strong economy.
100
Money and goods needed to start a business.
What is capital.
200
The person can either choose to sell the company or hire employees.
What is the owner.
200
Exclusive control by one group of the means of producing or selling a commodity or service, exclusive ownership.
What is Monopoly.
300
Many people lose their jobs and don't have a no source of income.
What is poor economy.
300
When one person owns a business.
What is Propiertorship.
400
Rules and regulations apply to who.
What is businesses
400
A wealthy person or people who give money to others.
What is philanthropy.
500
Making, selling, and buying.
What is economy.
500
When people have money to spend, the amount of goods and sevices available affects how much things cost.
What is supply and demand.