politics and economics

politics and economics

Assessment

Flashcard

History

9th - 12th Grade

Practice Problem

Easy

Created by

Ruth Carney

Used 15+ times

FREE Resource

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6 questions

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1.

FLASHCARD QUESTION

Front

Demand

Back

the different quantities of a resource, good, or service that will be purchased at various possible prices at a given point in time

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2.

FLASHCARD QUESTION

Front

Interest rate

Back

the price that people pay to borrow money or are paid to lend money; this price is determined by forces of supply and demand and affect the level of economic activity of a country.

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3.

FLASHCARD QUESTION

Front

Populism

Back

political disclosure of appeals to the general mass of the population, to the "people" as such, regardless of class distinctions and political partnership.

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4.

FLASHCARD QUESTION

Front

Profit

Back

the amount received for a commodity or service in excess of the original cost.

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5.

FLASHCARD QUESTION

Front

Supply

Back

the different quantities of a resource, good or service will be offered for sale at various possible prices during a specific time period.

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6.

FLASHCARD QUESTION

Front

Taxes

Back

a fee charged by a government on a product, income, or activity.

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