Abeka Economics

This class was created by Brainscape user Marcia Young. Visit their profile to learn more about the creator.

Decks in this class (17)

Sections 1.1-1.2 (pp 2-5)
The study of the choices that ind...,
Any system for the production dis...,
Economic system that governor bra...
6  cards
Sections 1.3-1.4 (pp 6-9)
The study of national and interna...,
The study of specific components ...,
A theory which seeks ot show the ...
30  cards
Sections 1.5-1.6 (pp 9-12)
The bad habit of spending more th...,
A necessity something it would be...,
A desire a longing an appetite fo...
15  cards
Section 1.7 (pp 12-15)
Usefulness,
Limited availability,
The economic riddle that asks why...
6  cards
Chapter 1 Review
Services,
An intangible item for which peop...,
What economic riddle did carl men...
37  cards
Sections 2.1-2.2 (pp 17-20)
The general rules or principles g...,
The difference in value of the go...,
Taxes that governments apply only...
16  cards
Section 2.3 (pp 21-24)
Work of original genius that accu...,
The separation of work into indiv...,
Production of goods by people doi...
6  cards
Section 2.4 (pp 24-26)
Labor,
What is the true source of prospe...,
Prosperity
7  cards
Chapter 2 Review
Which political philosophy seeks ...,
What term refers to the enjoyment...,
Name the factors that must remain...
12  cards
Section 3.1 (pp 28-29) and Supplement 3A
Liberals would choose ___ over ef...,
Information,
Natural resources labor capital e...
16  cards
Section 3.2 (pp 30-31) and Supplement 3B
Includes land and other raw mater...,
Natural resources,
Name some renewable energy sources
4  cards
Section 3.3 (pp 31-33) and Supplement 3C
Productivity,
Labor,
Refers to any work whether physic...
4  cards
Section 3.4 (pp 33-37)
Anyone who owns producer goods or...,
Subsistence economy,
A
8  cards
Section 3.5 (pp 38-41)
Eleuthere irenee du pont,
One of america s earliest captain...,
Entrepreneurship or management
6  cards
Section 3.6 (pp 42-47)
Name the basic components of capi...,
Illustrates how products move thr...
2  cards
Chapter 3 Review
What are the four factors of prod...,
What term refers to someone who o...,
What term refers to an individual...
9  cards
Chapters 1-3 Review
Name some factors for economic gr...,
Seek economic growth and stabilit...,
__ power does not generate greenh...
3  cards

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Abeka Economics

  • Class purpose General learning

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