Summit Economics Study Guide Objective 1 ( 1)

the study of the stock market

the study of money

the study of politics

the study of people, money, and choices

how much people want to buy a product

how many products are available

how much people pay for a product

how many people want to buy a product

the amount of goods that customers buy

the amount of goods available for sale

the variety of products available to buy

the number of customers who want a product

by GDP

by price

by location

by low production

It helps workers to be paid on time.

It makes currency more portable.

It allows for easier production of goods and services.

It creates an efficient web of communications.

It helps international trade by reducing taxes

It helps trade occur faster and at greater distances.

It helps sellers meet buyers face-to-face.

It helps buyers understand the cost of products

national parks and wildlife

architects and engineers

cars, gasoline, and oil

roads, bridges, and power supply

national wealth

20th century

banking panics

trade

banks

governments

individual traders

stock exchanges

Select one:

beauty

scarcity

color

diversity