JA BizTown Unit 2: Community and Economy

Citizens

• Members of a town, city, county, state, or country. Citizens have certain rights and responsibilities.
• how a country makes and manages goods, services, and money
• expected traits of a responsible member of a community
• Merchandise and skills offered in markets for a price.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Community

• A place where people live, work, trade, and share.
• things that occur naturally in the world and are used to make goods to provide services
• Personal habits and attitudes that promote the well-being of a group.
• Goods and services provided by a government for the use of all people.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Responsibility

• Being accountable for one's own actions and obligations.
• an economic system where the government decides what, the price of, and how much goods and services to produce
• an agreement to behave according to stated guidelines
• A form of government in which ultimate power lies with the people, who exercise that power directly or through elected representatives.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Right

• The freedom to act in a certain way.
• an economic system that is part free market and part government controlled
• the standards that help determine what is good, right, and proper
• parts of a person's being that make one an individual

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Business

• A company that sells goods or services.
• an economic system where people use traditions or social customs to decide what, how, and for whom to make goods and services
• how a country makes and manages goods, services, and money
• expected traits of a responsible member of a community

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Free Enterprise

• A system in which economic decisions are made in markets by people and businesses, with little government influence.
• Members of a town, city, county, state, or country. Citizens have certain rights and responsibilities.
• things that occur naturally in the world and are used to make goods to provide services
• Personal habits and attitudes that promote the well-being of a group.

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Goods

• Things people buy and use.
• A place where people live, work, trade, and share.
• an economic system where the government decides what, the price of, and how much goods and services to produce
• an agreement to behave according to stated guidelines

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Natural Resources

• Things that occur naturally in the world and that are used to make goods or provide services.
• Being accountable for one's own actions and obligations.
• an economic system that is part free market and part government controlled
• the standards that help determine what is good, right, and proper

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Resources

• The people and things needed to produce goods and services.
• The freedom to act in a certain way.
• an economic system where people use traditions or social customs to decide what, how, and for whom to make goods and services
• how a country makes and manages goods, services, and money

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10

Services

• Work done for others, such as haircuts or car repairs.
• A company that sells goods or services.
• Members of a town, city, county, state, or country. Citizens have certain rights and responsibilities.
• things that occur naturally in the world and are used to make goods to provide services

Tags

SS6CG1, 3, 4

SS6E1, 3, 4, 7, 10