Key Economic Concepts

Key Economic Concepts

Assessment

Flashcard

Social Studies

10th Grade

Practice Problem

Medium

Created by

Mark Stoetzel

Used 1+ times

FREE Resource

Student preview

quiz-placeholder

23 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Agrarian Revolution

Media Image

Back

A big change in how people farmed in the 18th and 19th centuries, leading to new tools and methods that made farming more efficient and productive.

2.

FLASHCARD QUESTION

Front

Asian Tigers

Media Image

Back

The economies of several Asian countries (like South Korea, Taiwan, Hong Kong, and Singapore) that grew very quickly and successfully.

3.

FLASHCARD QUESTION

Front

Bourgeoisie

Media Image

Back

People who are wealthy but not from the nobility. They are usually merchants and business owners.

4.

FLASHCARD QUESTION

Front

Capitalism

Media Image

Back

An economic system where businesses and industries are owned by private individuals for profit, rather than by the government.

5.

FLASHCARD QUESTION

Front

Cash Crop

Media Image

Back

A crop grown specifically to be sold for money, rather than for the farmer to eat.

6.

FLASHCARD QUESTION

Front

Command Economy

Media Image

Back

An economic system where the government makes all the decisions about what to produce and how to distribute it.

7.

FLASHCARD QUESTION

Front

Collective

Media Image

Back

A group of people who work together or share resources, often seen in agriculture where farms are run jointly.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?