Business Essentials Vocab Practice (2.03)

Front

Manufactured items used to produce goods and services.

Back

Capital Goods

Front

Tangible items produced for personal use.

Back

Consumer Goods

Front

Tangible items consumed by industrial users:

Back

Industrial Goods

Front

Human and natural resources, plus capital goods, used to produce goods and services.

Back

Economic Resources

Front

Human Services Programs include benefits like free medical care, ________, and financial aid provided by the government.

Back

education

Front

Economic system where production and distribution are government-owned:

Back

Command Economy

Front

Economic system where production decisions are made by individuals and businesses in the marketplace.

Back

Market Economy

Front

Economic system where production decisions are made by individuals and businesses in the marketplace.

Back

Market Economy

Front

Economic system combining market and socialist elements.

Back

Mixed Economy

Front

Economic system combining market and socialist elements.

Back

Mixed Economy