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Economics and Political Terms

Economics and Political Terms

Assessment

Flashcard

Business

6th - 8th Grade

Practice Problem

Hard

Created by

KELLI ENGLISH

FREE Resource

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5 questions

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1.

FLASHCARD QUESTION

Front

Political

Back

Relating to government.

2.

FLASHCARD QUESTION

Front

Capitalism

Back

An economic system in which private individuals or businesses own capital goods.

3.

FLASHCARD QUESTION

Front

Primary Economy

Back

Exports main resources to other economies.

4.

FLASHCARD QUESTION

Front

Free Market

Back

A type of economic system controlled by the market forces of supply and demand, as opposed to one regulated by government controls.

5.

FLASHCARD QUESTION

Front

Informal Economy

Back

Anything that counts as a service that an individual gains payment for the service given.

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