Chapter 18 & 19 Review #2

Chapter 18 & 19 Review #2

Assessment

Flashcard

History

10th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

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15 questions

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1.

FLASHCARD QUESTION

Front

A measure of the amount of output produced by a given amount of inputs in a specific period of time

Back

Productivity

2.

FLASHCARD QUESTION

Front

Relying on others and others relying on us to provide goods and services to consume

Back

Economic Interdependence

3.

FLASHCARD QUESTION

Front

Type of markets where productive resources are bought and sold

Back

Factor Market

4.

FLASHCARD QUESTION

Front

The type of markets where producers offer goods and services for sale

Back

Product Market

5.

FLASHCARD QUESTION

Front

When people or groups concentrate on goods or services that they can produce better than anyone else

Back

Specialization

6.

FLASHCARD QUESTION

Front

Quality of life based on the possession of necessities and luxuries that make life easier

Back

Standard of Living

7.

FLASHCARD QUESTION

Front

Tangible products like books and automobiles

Back

Goods

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