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100
Emergencies Unexpected needs/wants Expected needs/wants
What are the benefits of saving money?
100
A share of a company
What is a stock?
100
Afghanistan is an example of this
What is a low income nation?
100
The buying and selling of goods around the world.
What is a global market?
100
Meeting needs. Make money. Peaceful interactions
What are benefits of trade?
200
Something you need to survive.
What is a need?
200
When you have too much demand and not enough supply
What is a shortage?
200
The United States is an example of this.
What is a high income nation?
200
North Korea's Economy.
What is a command economy?
200
The desire or want for something
What is demand?
300
Food, Water, Shelter
What are examples of needs?
300
When you have too much supply and little demand
What is a surplus
300
China is an example of this.
What is middle income nation?
300
The economy of the United States.
What is a mixed economy?
300
Buying goods from China.
What is an example of globalization in economics?
400
Stock Market Saving Account Mutual Funds
What are ways to invest?
400
The total goods and services made by a country
What is the gross domestic product?
400
A place for cheap labor and dangerous working conditions
What is a sweatshop?
400
The economy of Mexico
What is a market economy?
400
The type of economy where the people determine price and goods made
What is a market economy?
500
Something you don't need for survival.
What is a want?
500
A system that begins with a raw material and ends as a finished product
What is a supply chain?
500
A continent with many sweatshops
What is Asia?
500
To make more money is the goal of this.
What is investing?
500
The type of economy where the government decides what is made and the cost
What is a command economy?