Chapter 1 economics vocabulary
[DOC File]Chapter One - Mr. Demetral's Online Classroom
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Vocabulary. Need Factors or Production. Want Labor. Economics Capital. Goods Physical Capital. Services Human Capital. Scarcity Entrepreneur. Shortage. Chapter 1 Section 2 . Opportunity Cost. All individuals make decisions that involve _____. _____ are all of the alternatives we give up when we choose one action over another.
[DOC File]EOC Review Sheet #1
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Civics and Economics EOC Review #1. Basic Citizenship . Basic Citizenship: Chapter 1; pages 6-26, Chapter 5; pages 150-163. Basics: Civics – What benefits do citizens have in society?
[DOC File]Civics and Economics Seminar Vocabulary Review
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Chapter 7: Making Economic Decisions. Section 1: Resources and Factors of Production. Economics. Wants and Needs. Renewable and Nonrenewable Resources. Factors of Production. Land, Labor, Capital, Entrepreneurship. Productivity. Section 2: Scarcity and Decision-making. Scarcity. Consumer and Producer. Salaries and Wages. Goods and Services
[DOC File]Chapter 1: LECTURE NOTES - Bowie High School
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1. Economics is a second language. 2. It is often difficult for students to recognize terms as new vocabulary that needs to be studied as diligently as though they had never before encountered the words. 3. Students in a physics class encountering terms like erg, ohm, or foot-pound recognize the need to investigate.
[DOC File]Mr. Eddlem
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Economics – Chapter 1 Study Guide. Vocabulary. Economics. Savings. Credit. Investment. Scarcity. Supply. Demand. Capital. Consumption. Opportunity cost. Adam Smith
[DOC File]Chapter 1 - Vocabulary
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Economics, in this case, has to do with the economy; the financial state of the country and its people. To fluctuate means to change. As far as the Ewells are concerned, no matter how the economy of the country might change, their situation was always the same. They were always poor. ... Chapter 1 - Vocabulary ...
[DOC File]Chapter 1: Economics and Institutions: A Shift of Emphasis
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Economics uses many vocabulary terms that are everyday words, but with special meanings. For example, rationality. is the assumption that economic agents know what they like and behave accordingly. That is, an agent’s preferences exhibit completeness, reflexivity, and transitivity. ... Chapter 1: Economics and Institutions: A Shift of ...
[DOCX File]Derry Area School District
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Chapter 1: What is Economics? Section 1: Scarcity and the Factors of Production. Vocabulary: need - something like air, food, or shelter that is necessary for survival. want – an item that we desire but that is not essential to survival. economics – the study of how people seek to satisfy their needs and wants by making choices
[DOC File]Chapter 1 – Vocabulary
https://info.5y1.org/chapter-1-economics-vocabulary_1_adb81a.html
Economics, in this case, has to do with the economy; the financial state of the country and its people. To fluctuate means to change. As far as the Ewells are concerned, no matter how the economy of the country might change, their situation was always the same. They were always poor. ... Chapter 1 – Vocabulary ...
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