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Economics Grade 10 Unit 3

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

By: Olivia Karner
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Decks in this class (15)

Circular Flow
Draw the circular flow in your bo...,
What are the leakages in the circ...,
What are the injections in the ci...
4  cards
Business Cycle
What are the four phases in the b...,
Describe the characteristics of a...,
Describe the characteristics of a...
3  cards
Economic Indicators
What are the three economic indic...,
Define lagging indicator 2,
Define leading indicator 3
8  cards
Ideal Growth Rates
Ideal growth rates for gdp 1,
Target rates for inflation 2,
Ideal rates for unemployment 3
5  cards
Causes of Poverty
List some of the reasons of pover...
1  cards
Variations to Economic Performance Between Countries
What causes variations to economi...
1  cards
Definitions
Definiton of GDP, inflation, interest rates
2  cards
Wealth and Income
Define income and give examples 1,
Define wealth and give examples 2
2  cards
Solutions to Poverty
What are some soltions to poverty 1
1  cards
World Wide Organizations
What are the four world wide orga...
1  cards
Income Inequality Distribution
What is income inequality distrib...,
What is the gini coefficient 2,
What is the lorenz curve 3
5  cards
Poverty: Definitions
Define poverty 1,
Define absolute poverty 2,
Define relative poverty 3
4  cards
Roles of the Government
What are the five objectives of t...,
What are the three roles of the g...,
What are some of the roles the go...
4  cards
Fiscal Policy
What is the purpose of fiscal pol...,
What are some fiscal policy initi...,
What is a budget surplus 3
8  cards
Monetary Policy
What is the purpose of monetary p...,
Explain how a change in the cash ...,
Identify the inflation target rat...
6  cards

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Economics Grade 10 Unit 3

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