G & S
Industry
Governments
Wealth & Poverty
Sectors
100
Things you require in order to survive.
What is Needs?
100
Production of goods and services by computer-run machine systems.
What is Post-Industrial?
100
When the government controls the production of goods and services.
What is Socialism?
100
Part of a house's price: must be paid "up front".
What is a Down Payment?
100
People working in the construction or manufacturing sector.
What is Secondary Sector?
200
Things you desire.
What is Wants?
200
Production of goods and services done by hand, using simple tools.
What is Pre-Industrial?
200
When consumers decide which goods and services will be produced.
What is Capitalism?
200
A loan to purchase a house.
What is a Mortgage?
200
People providing services to others.
What is Tertiary Sector?
300
The sharing of goods and services throughout society.
What is distribution?
300
Production of goods and services done by machines in factories.
What is Industrial?
300
The money and other things used to start/run a business.
What is Capital?
300
When your expenses are greater than your income.
What is Poverty?
300
People harvesting or extracting natural resources.
What is Primary Sector?
400
How goods and services are made.
What is production?
400
Tourism business, restaurants, hotels, etc.
What is the Hospitality Industry?
400
One person owns land or property.
What is Private Ownership?
400
Comfort because your income is higher than your expenses.
What is Economic Security?
400
People working with ideas and information.
What is Quaternary Sector?
500
Things people do for money.
What is services?
500
A person who gets an idea to start up a business.
What is an Entrepreneur?
500
The money a business owner has after expenses.
What is Profit?
500
Anything that can help you improve economically.
What is Personal Capital?
500
A good balance of jobs in all sectors.
What is Diversified Economy?