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Year 10 Economics

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

By: Ben Davie
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Decks in this class (8)

General Terms and Definitions
Define needs 1,
What happens if needs are not met 2,
What are wants 3
13  cards
Resources
What are free goods 1,
What are economic goods 2,
How are economic goods allocated 3
24  cards
Demands
What is demand 1,
What is the definition of demand 2,
What does willing and able mean 3
7  cards
Supply
Definition of supply 1,
Definition of a supply schedule 2,
What is the definition of a suppl...
3  cards
The Market
What is the definition of a market 1,
How can you exchange goods servic...,
What is market equilibrium 3
6  cards
Business Structures
What are two advantages of a comp...,
A partnership 2,
A sole trader 3
8  cards
Fair Trading Act
What is puffery 1,
What does the fta cover 2,
What does the fta not cover 3
10  cards
Consumer Garuntees Act
Name the rights of a consumer 1,
Nam the rights of a producer 2,
Name the obligations of a consumer 3
6  cards

More about
Year 10 Economics

  • Class purpose General learning

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