Vocab
This is the study of choice under conditions of scarcity.
What is economics?
The year Walt Disney Company had a total revenue of 14.7 billion dollars.
What is 2020?
This state’s economy has been impacted most by Disney World.
What is Florida?
The purchase of this network gave Disney 1 major broadcasting network, 10 tv stations, 21 radio stations, and 7 newspapers
What is ABC?
This state is where the first Disney resort was made.
Where is California?
These are any resources used to create goods and services.
What are inputs?
This is the region where the Walt Disney Company earned the most revenue.
Where is North American?
This is the number of different theme parks around the world.
What is 14 theme parks?
The purchase of this film company gave Disney “A New Hope”.
What is Lucas Film (Star Wars)?
This is the first Disney film.
What is Alice in Wonderland?
The phase of the business cycle during which real GDP rises.
What is expansion?
This the first major character introduced for the Walt Disney Company.
Who is Mickey Mouse?
The diagram that accounts for Disneyland’s business being moved through households, smaller markets, and the government.
What is the circular flow diagram?
This Disney new and popular streaming service‘s demand increased as the supply of theater tickets and outside services decreased due to Covid.
What is Disney +?
This is the first ever Disney character.
What is a rabbit?
Few number of firms, some control over prices, standardized or differential product.
What is oligopoly?
This is the year the Walt Disney Company was founded.
What is 1923?
These products at Disney theme parks are labeled as variable costs due to the amount of people who buy and how much is sold.
What is the cost of merchandise?
This the predicted revenue of Disney + fir the next year.
What is 18 billion dollars?
This is the current CEO of Disney.
Who is Bob Iger?
What are alternating periods of rising and falling real GDP?
What is the business cycle?
This external shock negatively affected the Walt Disney Company’s market.
What is coronavirus?
Walt Disney is one of the most well known entrepreneurs for taking a risk at starting what park?
What is Disneyland.
This is the year Disney purchased Marvel Entertainment.
What is 2009?
This is the largest resort in the world.
What is Walt Disney World Resort?