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Study sets matching "social economics 7"

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Study sets matching "social economics 7"

37 terms
economics assesment
demand
law of demand
3 factors that influence demand
substitution effect
the willingness and ability to buy or consume something
as price goes up, quantity demanded goes down.
sustitution effect, real income effect, diminishing marginal…
as the price of one good or service goes up, quantity demande…
demand
the willingness and ability to buy or consume something
law of demand
as price goes up, quantity demanded goes down.
27 terms
Social Studies - Chapter 7 (Economics)
economy
consumer
manufacturer
demand
the way that a country handles its money and products
a person who buys a product
a person who produces a product
what and how much the consumer wants to buy
economy
the way that a country handles its money and products
consumer
a person who buys a product
24 terms
GR 7- Economics | Social Studies |
Economics
The Law of Scarcity
Needs
Wants
The science of making decisions about how we use our limited…
1. All resources are limited. ... 2. In order to get something y…
_____ are the things that are essential for living.
Wants are things that are not essential for living, but they…
Economics
The science of making decisions about how we use our limited…
The Law of Scarcity
1. All resources are limited. ... 2. In order to get something y…
18 terms
SS8H7: Political, Social, & Economic Changes
Atlanta Race Riot
Bourbon Triumvirate
County Unit System
Disenfranchisement
1906; 48 hour riot in Atlanta caused by economic competition…
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
a voting system that gave more power to Georgia's rural count…
to deprive a person the right to vote or rights of citizenship
Atlanta Race Riot
1906; 48 hour riot in Atlanta caused by economic competition…
Bourbon Triumvirate
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
17 terms
Social Studies 7 - Chapter 3, Economic Sercurity
Bias
Down Payment
Poverty Cycle
Personal Capital
A hidden point of view.
This term refers to when you pay a portion of the cost of som…
This term refers to when you income does not meet your needs…
This includes anything you have that can help improve your ec…
Bias
A hidden point of view.
Down Payment
This term refers to when you pay a portion of the cost of som…
PK - C - 7 - Economic/Social
Murex Snails
Phoenician Triangle
Lydian Coinage
Paterfamilias
◦Produced the highly coveted purple dye that the Phoenicians…
◦A string of settlements in the western Mediterranean.... ◦Worke…
◦coinage invented in early 6th century BCE in Lydia and soon…
◦(Rome)- oldest living male, absolute authority over other fa…
Murex Snails
◦Produced the highly coveted purple dye that the Phoenicians…
Phoenician Triangle
◦A string of settlements in the western Mediterranean.... ◦Worke…
18 terms
SS8H7: Political, Social, & Economic Changes
Atlanta Race Riot
Bourbon Triumvirate
County Unit System
Disenfranchisement
1906; 48 hour riot in Atlanta caused by economic competition…
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
a voting system that gave more power to Georgia's rural count…
to deprive a person the right to vote or rights of citizenship
Atlanta Race Riot
1906; 48 hour riot in Atlanta caused by economic competition…
Bourbon Triumvirate
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
33 terms
Lesson 7 - Economics and Social Welfare
economic regulation
laissez-faire
business cycles
trusts
Government regulation of business practices, industry rates,…
A French term meaning "to allow to do, to leave alone." It ho…
Fluctuations between periods of economic growth and recession…
Large-scale, monopolistic businesses that dominate an industry.
economic regulation
Government regulation of business practices, industry rates,…
laissez-faire
A French term meaning "to allow to do, to leave alone." It ho…
18 terms
SS8H7: Political, Social, & Economic Changes
Atlanta Race Riot
Bourbon Triumvirate
County Unit System
Disenfranchisement
1906; 48 hour riot in Atlanta caused by economic competition…
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
a voting system that gave more power to Georgia's rural count…
to deprive a person the right to vote or rights of citizenship
Atlanta Race Riot
1906; 48 hour riot in Atlanta caused by economic competition…
Bourbon Triumvirate
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
11 terms
Social Studies 11 Chapter 7 Economic Challenges
Embargo
OPEC
Inflation's effect on Canada's economy…
Regional Disparity
Prohibition by a government or organization that prevents cer…
Organization of the Petroleum Exporting Countries... OPEC impose…
Purchasing power of the dollar fell steadily which headed the…
Differences in income, wages, and jobs in one area compared w…
Embargo
Prohibition by a government or organization that prevents cer…
OPEC
Organization of the Petroleum Exporting Countries... OPEC impose…
18 terms
SS8H7: Political, Social, & Economic Changes
Atlanta Race Riot
Bourbon Triumvirate
County Unit System
Disenfranchisement
1906; 48 hour riot in Atlanta caused by economic competition…
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
a voting system that gave more power to Georgia's rural count…
to deprive a person the right to vote or rights of citizenship
Atlanta Race Riot
1906; 48 hour riot in Atlanta caused by economic competition…
Bourbon Triumvirate
3 powerful Georgia politicians (Joseph E. Brown, Alfred H. Co…
7 terms
Economic and Social Goals
Economic Freedom
Economic Efficiency
Economic Equity
Economic Security
The freedom for people to make their own economic decisions,…
Resources are used wisely and that the benefits gained are gr…
The social goal that explains why so many people support laws…
Protection from bad economic situations such as unemployment.…
Economic Freedom
The freedom for people to make their own economic decisions,…
Economic Efficiency
Resources are used wisely and that the benefits gained are gr…
15 terms
Social Studies: Economics Handbook
goods
services
economy
specialization
Something that could be bought or sold
Actions or activities that one person performs for another
A system of producing and distributing goods and services to…
Each person specializes in the task that he or she is good at…
goods
Something that could be bought or sold
services
Actions or activities that one person performs for another
25 terms
Social 30 - Economics Terms
Capitalism
Mercantilism
Communism
Mixed Economy
An economic system based on private ownership and on the inve…
An economic policy where nations try to gather as much gold a…
This ideology's economic system outlaws private property, and…
An economy in which private enterprise exists in combination…
Capitalism
An economic system based on private ownership and on the inve…
Mercantilism
An economic policy where nations try to gather as much gold a…
14 terms
Mrs.B 7 Social Goals of Economics
Growth Command
Growth Market
Equity Command
Equity Market
The government sets quotas, and growth plans. Little incentiv…
Incentives for Business owners, and consumers. Investment in…
All wages set and are the same
Equal opportunity and laws to prevent discrimination
Growth Command
The government sets quotas, and growth plans. Little incentiv…
Growth Market
Incentives for Business owners, and consumers. Investment in…
20 terms
US History Week #7 - social and economic changes/Vietnam war
War powers act
Martin Luther King, Jr.
vietnamization
glasnost
A law that requires a president to get congressional approval…
Civil Rights Leader. Developed a non-violent approach to soci…
President Richard Nixons strategy for ending U.S involvement…
"Openness; called for increased transparency in government in…
War powers act
A law that requires a president to get congressional approval…
Martin Luther King, Jr.
Civil Rights Leader. Developed a non-violent approach to soci…
21 terms
Social Studdies economics Vocab 12/7/15
Economics
Scarcity
Opportunity cost
Demand
The study of how people or groups of people choose to use the…
A limited amount of recourses that cannot satisfy the wants o…
The most desirable thing we give up when we choose one thing…
The desire for a good service
Economics
The study of how people or groups of people choose to use the…
Scarcity
A limited amount of recourses that cannot satisfy the wants o…
Economics of Social Issues 5,6,7,8
Positive externality in comsumption
Six interrelated questions for crime p…
For purposes of reporting crime rates,…
The costs of crime: Criminal activities
An increase in the satisfaction of one person caused by the c…
1. What is the crime? 2. What role should government play in…
1: Violent crimes 2.Crimes against property 3. Traffic of ill…
lowers THE GDP below on what it would've been
Positive externality in comsumption
An increase in the satisfaction of one person caused by the c…
Six interrelated questions for crime p…
1. What is the crime? 2. What role should government play in…
46 terms
4th grade Unit 7 Social Studies - Economics
assembly line
labor union
strike
aviation
a moving belt that took a partly finished product from one wo…
a group of workers who tried to get better wages and working…
refuse to work
the making and flying of airplanes
assembly line
a moving belt that took a partly finished product from one wo…
labor union
a group of workers who tried to get better wages and working…
17 terms
7 Economic, Social and Political Changes of the 18th Century
High culture vs. pop culture
Crime and Punishment- Cesare Beccaria
Reforms in medicine
Literacy and education
High culture was what the wealthy class did and enjoyed, whil…
Beccaria believed that unnecessary brutality in punishments w…
There was a new hierarchy of medicinal practices, starting wi…
Most of upper and middle classes were literate, but that was…
High culture vs. pop culture
High culture was what the wealthy class did and enjoyed, whil…
Crime and Punishment- Cesare Beccaria
Beccaria believed that unnecessary brutality in punishments w…
11 terms
Social Studies 11 Chapter 7 Economic Challenges
Embargo
OPEC
Inflation's effect on Canada's economy…
Regional Disparity
Prohibition by a government or organization that prevents cer…
Organization of the Petroleum Exporting Countries... OPEC impose…
Purchasing power of the dollar fell steadily which headed the…
Differences in income, wages, and jobs in one area compared w…
Embargo
Prohibition by a government or organization that prevents cer…
OPEC
Organization of the Petroleum Exporting Countries... OPEC impose…
29 terms
6th grade social studies Economics
Market Economy
Traditional Economy
Mixed Economy
Command Economy
People are free to buy and sell, consumers have choices.
Community makes its own goods.
Economic system combine 2 or more of market.
They command you to do whatever they say, consumers have no c…
Market Economy
People are free to buy and sell, consumers have choices.
Traditional Economy
Community makes its own goods.
71 terms
unit 7: public, social, economic, and foreign policy
public policy
distributive policy
redistributive policy
reverse distributive policy
course of action a government takes in order to address a pro…
A public policy such as Social Security that provides benefit…
A policy that provides to one group of society while taking a…
a policy that reduces benefits for all groups such as a tax i…
public policy
course of action a government takes in order to address a pro…
distributive policy
A public policy such as Social Security that provides benefit…
17 terms
7. Economic, Social, and Cultural Changes of the 18th Century
High Culture vs Pop Culture
Crime and Punishment- Cesare Beccaria
Reforms in Medicine
Literacy and Education
Peasants' lives revolved around the local village providing p…
He argued that punishments should serve only as deterrents, n…
Surgeons began to separate themselves from the barbers and or…
Literacy and Education spread throughout the lower classes du…
High Culture vs Pop Culture
Peasants' lives revolved around the local village providing p…
Crime and Punishment- Cesare Beccaria
He argued that punishments should serve only as deterrents, n…
17 terms
7. Economic, Social, and Cultural Changes of the 18th Century
High Culture vs Pop Culture
Crime and Punishment- Cesare Beccaria
Reforms in Medicine
Literacy and Education
Peasants' lives revolved around the local village providing p…
He argued that punishments should serve only as deterrents, n…
Surgeons began to separate themselves from the barbers and or…
Literacy and Education spread throughout the lower classes du…
High Culture vs Pop Culture
Peasants' lives revolved around the local village providing p…
Crime and Punishment- Cesare Beccaria
He argued that punishments should serve only as deterrents, n…
16 terms
Political, Social, and Economic Systems
Democracy
Direct Democracy
Representative Democracy
Monarchy
People have the power.
Each person's vote counts toward the grand total. Local and s…
Each person actually votes for an intermediary, who will then…
The king, queen, or emperor has the power. This power is pass…
Democracy
People have the power.
Direct Democracy
Each person's vote counts toward the grand total. Local and s…
24 terms
Social Studies Bi-Weekly: Economics SS6E5,6,7
economics
traditional economy
command economy
market economy
study of goods and servces
activities based on laws and rituals
government controls production
owenrs and customers decide what to make
economics
study of goods and servces
traditional economy
activities based on laws and rituals
9 terms
Economics 4th grade social studies
economics
human resources
capital resources
natural resources
The study of how goods and services are produced and distribu…
People who work to produce goods and services
The money, tools, equipment, and buildings that are used to p…
the things from nature such as: land, forests, minerals, wate…
economics
The study of how goods and services are produced and distribu…
human resources
People who work to produce goods and services
17 terms
Economics Social Studies 6th Grade
Market Economy
Traditional Economy
Command Economy
Quota
An economic system in which there is free competition and pri…
An original economic system in which traditions, customs, and…
An economy in which the government decides... what and how goods…
A limit placed on the number of imports... that may enter the co…
Market Economy
An economic system in which there is free competition and pri…
Traditional Economy
An original economic system in which traditions, customs, and…
39 terms
Social: economics
economics
economics
economics
economics
The study of how society manages its scarce resources
The science which studies human behavior as a relationship... be…
The study of how individuals and societies choose to use the…
The study of how individuals and society generally make choic…
economics
The study of how society manages its scarce resources
economics
The science which studies human behavior as a relationship... be…
36 terms
Social Studies - Economics
Mixed Economy
Command Economy
Traditional Economy
Market Economy
An economy that has traits in common with both a command econ…
An economy where all the decisions about production, distribu…
An economy in which little to no technology is used. People i…
Also known as "capitalism," in this type of economy individua…
Mixed Economy
An economy that has traits in common with both a command econ…
Command Economy
An economy where all the decisions about production, distribu…
8 terms
Economics 7 Principles of Economics
Principle #1 Scarcity forces Tradeoffs
Principle #2 Costs VS Benefits
Principle #3 Thinking at the Margin
Principle #4 Incentives Matter
Limited resources force people to make choices and face trade…
People choose something when the benefits of doing so are gre…
The "marginal cost" is what you give up to add one unit to an…
People respond to incentives in a predictable way. There are…
Principle #1 Scarcity forces Tradeoffs
Limited resources force people to make choices and face trade…
Principle #2 Costs VS Benefits
People choose something when the benefits of doing so are gre…
17 terms
Economics Social Studies 6th Grade
Market Economy
Traditional Economy
Command Economy
Quota
An economic system in which there is free competition and pri…
An original economic system in which traditions, customs, and…
An economy in which the government decides... what and how goods…
A limit placed on the number of imports... that may enter the co…
Market Economy
An economic system in which there is free competition and pri…
Traditional Economy
An original economic system in which traditions, customs, and…
20 terms
Economics 7
Three types of taxes
Proportional taxes
Progression taxes
Regressive taxes
Proportional, progression, and regressive
As income goes up, the percent of income paid in taxes stays…
As income goes up, the percent of income taxes goes up
As income goes up, the percent of income paid in taxes goes d…
Three types of taxes
Proportional, progression, and regressive
Proportional taxes
As income goes up, the percent of income paid in taxes stays…
17 terms
social studies - Economics
tariff
economy
Producer:
budget
A tax on imported goods
A system for producing and distributing goods, and services t…
A person, company, or country that makes, grows, or supplies…
A plan for making and spending money
tariff
A tax on imported goods
economy
A system for producing and distributing goods, and services t…
18 terms
social economics
collective bargaining
competition
consumers
demand
negotiation of wages and other conditions of employment by an…
competition is the rivalry among sellers trying to achieve su…
a person or organization that uses a commodity or service.
the desire to purchase, coupled with the power to do so.... the…
collective bargaining
negotiation of wages and other conditions of employment by an…
competition
competition is the rivalry among sellers trying to achieve su…
16 terms
Social Economics
scarce
conserve
economic value
consumerism
the amount available is limited
limiting the use
value is determined by how useful or valued something is to h…
produce to consume/luxuries become necessities
scarce
the amount available is limited
conserve
limiting the use
27 terms
Social-Economics
Consumers and producers
Consumers
Producers
Scarcity
What is the economy based on?
Those who use products and services
Those who create products and services
Our ability to consume is greater than our ability to produce…
Consumers and producers
What is the economy based on?
Consumers
Those who use products and services
12 terms
Economic Terms for Social Studies
Producer
Consumer
Goods
services
People who make goods or produce services.
People who use a good or service.
Something you use and consume. Goods are things that you can…
Something that someone does for you. When you buy a service,…
Producer
People who make goods or produce services.
Consumer
People who use a good or service.
11 terms
Economics 7
Efficiency
Total Cost
Average cost
Division of labor
Getting work done with a minimum of effort, expense, or waste.
the cost of all the inputs a firm uses in production.
the total cost of producing one unit
Division of work into a number of separate tasks to be perfor…
Efficiency
Getting work done with a minimum of effort, expense, or waste.
Total Cost
the cost of all the inputs a firm uses in production.
24 terms
Social economics
Economics
Publicly owned
Supply and demand
Economic system
The study of distribution production and consumption of goods…
The part of economy that is owned by the government; paid for…
Amount of product available to the consumers and their desire…
How a society organizes a production distrabution and consump…
Economics
The study of distribution production and consumption of goods…
Publicly owned
The part of economy that is owned by the government; paid for…
42 terms
Social Economics
Economics
Scarcity
Three economic questions
Needs
Study of the production, distribution, exchange, and consumpt…
The basic problem faced by economic systems.
What goods/services should be produced. How should they be pr…
Things required for survival.
Economics
Study of the production, distribution, exchange, and consumpt…
Scarcity
The basic problem faced by economic systems.
146 terms
6. TExES Social Studies 7-12 (232) Economics & Science, Technology and Social Competency (020),(021),(022) Terms
Economics
Scarcity
Opportunity Costs
Circular Flow
This is the study of how goods, services, and property is pro…
This is the basis of economics, the more _____ something is t…
This is what is not bought or what was given up to get someth…
This is when a consumer buys something, money flows from hous…
Economics
This is the study of how goods, services, and property is pro…
Scarcity
This is the basis of economics, the more _____ something is t…
19 terms
Social Economics
Economics
Scarce
Conserve
Economic value
The study of choosing
The amound availible is limited
Limiting the use
Is determined by how useful or valued something is
Economics
The study of choosing
Scarce
The amound availible is limited
21 terms
Social: Economics
Economics
Economics
oikonomos
Economics as a Social Science
science of choice
study of how individuals and society generally makes choices…
"one who manages a household"
systematic body of knowledge which utilizes the scientific ap…
Economics
science of choice
Economics
study of how individuals and society generally makes choices…
14 terms
Social Economics
Utilitarianism
Bourgeoisie
Proletariats
The Communist Manifesto
people should judge ideas institution and actions basic of th…
Marx and Engel argued that human societies had been divided i…
Marx and Engel argued that human societies had been divided i…
Marx and Engel wrote a radical type of socialism
Utilitarianism
people should judge ideas institution and actions basic of th…
Bourgeoisie
Marx and Engel argued that human societies had been divided i…
40 terms
Social Economics
Economics
Microeconomics
Macroeconomics
Consumer
Way of thinking... Social science of scarcity
Efficiency, fairness
price stability, full employment, inflation, economic growth
Buyers... Form economic system, uses economic system,
Economics
Way of thinking... Social science of scarcity
Microeconomics
Efficiency, fairness
28 terms
TExES Social Studies 7-12 (232) Economics & Science, Tech and Soc Competency 021
Free Enterprise System
Profit motive
Voluntary Exchange
Sole Proprietorship
This is made up of the profit motive, voluntary exchange, pri…
The American economy is based upon the _____ _____ where peop…
This is where consumers choose to buy and sell
This is where one individual owns a business and is responsib…
Free Enterprise System
This is made up of the profit motive, voluntary exchange, pri…
Profit motive
The American economy is based upon the _____ _____ where peop…
14 terms
Economic and Social vocab
demand
interest
unemployment
industrialization
the amount of a good/service that people want/need
a charge for borrowing money
the percentage of people in a country who are out of a job
the switch from farming to factories
demand
the amount of a good/service that people want/need
interest
a charge for borrowing money
51 terms
African Government and Economics - 7th Grade Social Studies (4,5, and 7)
Unitary
Confederation
Federal
Autocracy
The central authority holds most of the power in this governm…
The Regional authorities hold most of the power in this gover…
Power is shared between the Central and Regional Authorities…
A political system in which one person is the ruler. Citizens…
Unitary
The central authority holds most of the power in this governm…
Confederation
The Regional authorities hold most of the power in this gover…
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