Workplace and Economic Concepts Flashcard

Front

Which behavior is important in all workplaces?

Back

Demonstrating teamwork

Front

An applicant is a person who _____.

Back

Seeks a job

Front

The amount of money earned from sales is called _____

Back

Revenue

Front

If you use a credit card to pay for your shopping at Walmart, is that free money?

Back

No

Front

Which part of the circular flow of an economy are you a part of when you buy something at a food truck?

Back

Community members paying businesses

Front

Which action is required when depositing money into your account?

Back

Sign your deposit ticket.

Front

Free enterprise is different from a command economy because ____.

Back

Businesses set the price based on consumers’ decisions

Front

When we pay for the things the government provides to people, we are paying ____.

Back

Taxes

Front

What is endorsing a paycheck?

Back

Signing the back when you deposit it

Front

Resources found in nature that are used to make goods or provide services are called ____

Back

Natural resources