is a catch-all term normally used to describe economic systems that pertain in societies with extensive subsistence agriculture
What is Traditional Economy
100
GDP
What is Gross Domestic Product
100
an increase in the level of economic activity, and of the goods and services available in the market place
What is Expansion
100
a business cycle contraction, a general slowdown in economic activity
What is Recession
100
a recurrent fluctuation in the total business activity of a country
What is Business Cycle
200
a capitalistic economic system in which there is free competition and prices are determined by the interaction of supply and demand
What is Market Economy
200
CPI
What is Consumer Price Index
200
money saved for things wanted badly, or for security
What is Savings
200
a severe downturn that lasts several years
What is Depression
200
person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk
What is Enterpreneurship
300
a socialist economic system in which production and distribution of goods and services are controlled by the government and industry is mostly publicly owned
What is Command Economy
300
GNP
What is Gross National Product
300
something given or paid over and above what is due
What is Bonus
300
inadequate supply
What is Scarcity
300
basic, underlying framework or features of a system or organization
What is the Infastructure
400
the management of the resources of a community, country, especially with a view to its productivity.
What is Economy
400
PPI
What is Producer Price Index
400
to treat or process (used or waste materials) so as to make suitable for reuse
What is Recycling
400
the introduction of harmful substances or products into the environment
What is Pollution
400
the quality, state, or fact of being able to generate, create, enhance, or bring forth goods and services
What is Productivity
500
Something that can be used for support or help
What is Resources
500
FDA
What is Food and Drug Adminastration
500
the regaining of or possibility of regaining something lost or taken away
What is Recovery
500
the state or condition of having little or no money, goods, or means of support
What is Poverty
500
any commodities or services used to produce goods and services