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WorksheetsIGCSE Economics Glossary Terms - D
Total questions: 24
Worksheet time: 14mins
_ _ _ _ _ rate: the number of deaths for every 1000 people in a country in a year.
(a)
Fixed amounts (consisting of principal and interest) paid to a creditor at regular intervals on a loan.
Debt repayments
Creditor repayments
Bank repayments
Lending repayments
An industry that is experiencing falling sales due to a change in the structure of the economy.
Sunrise industry
Declining industry
Decimated industry
Sunset industry
A leftward shift in the demand curve showing that a smaller quantity is demanded at each price than was previously.
Increase in demand
Decrease in demand
A leftward shift in the supply curve showing that a smaller quantity is supplied at each price than was previously.
Decrease in supply
Increase in supply
Failure to repay funds to a creditor (lender).
(a)
The sustained fall in the general level of prices of goods and services in an economy over time.
Inflation
Deflation
Recession
Decrease
The quantity of a good or service that consumers are willing and able to buy at a given price in a particular time period.
Dividend
Depreciation
Demand
Dumping
A graph plotting the quantities of a product demanded at a range of prices
Demand graph
Demand line
Demand curve
Demand product
An increase in the general price level in an economy caused by an increase in aggregate demand.
Cost-pull inflation
Demand-pull deflation
Demand-pull inflation
Demand-push inflation
_ _ _ _ _ _ schedule: a table that gives the quantities demanded at a range of prices.
(a)
A lack of information as to how harmful these products are for the consumer leads them to be overconsumed.
Demerit goods
Merit goods
Demanded goods
Dependent goods
The population of a country that consists of people who do not earn an income themselves and rely on others to provide them with the goods and services they need. It includes young children, the elderly, people who cannot work due to illness or disability, as well as those in full-time education.
Demerit population
Dependent population
Independent population
Developing population
A fall in the value of a currency due to market forces.
Appreciation
Diseconomy
Depreciation
Deregulation
The removal of laws, rules and regulations, making it easier for a business to enter or operate in an industry.
Deregulation
Dumping
Depreciation
Deflation
When a product or factor of production is not demanded for itself, but is dependent on the demand for the product it helps to produce.
Depreciating demand
Devalued demand
Derived demand
Diseconomies of demand
A country that has high income and living standards with most of its economic activity based in the tertiary sector.
Developing country
Deregulated country
Developed country
Dependent country
A country that has a low income and is generally reliant of the agricultural industry for its employment and output.
Developed country
Deflated country
Devalued country
Developing country
A tax on income or wealth.
Dumping tax
Wealth tax
Direct tax
Derived tax
Where an increase in the level of production results in a rise in the average costs of production.
Diseconomies of scale
Economies of scale
Devaluation of scale
Deregulation of scale
The income available to spend and save after direct taxes have been deducted and any state benefits added.
Derived income
Disposable income
Deregulated income
Dividend income
The portion of a firms profit that is paid to shareholders, the owners of the business.
Dividends
Profits
Depreciation
Demerits
The process by which workers specialise in, or concentrate on, one particular task.
Demanded labour
Derived labour
Developed labour
Division of labour
_ _ _ _ _ _ _ is the sale of imported goods at a price below what it cost to produce them.
(a)
