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Study sets matching "social economics"

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Study sets matching "social economics"

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.
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…
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.
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
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…
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…
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…
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
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…
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…
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.
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
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…
34 terms
social 9 (economics)
Economics
Economic system
Economy
Scarcity
The study of the production, distribution and consumption of…
The way a society organizes the production, distribution and…
The resources and processes involved in the production, distr…
in economics, the idea that land (materials), labour and capi…
Economics
The study of the production, distribution and consumption of…
Economic system
The way a society organizes the production, distribution and…
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…
8 terms
social studies-economics
capital
Opportunity
Economics
Entrepreneur
Human made items, tools, machines used.
Whatever is given up when a choice must be made.
The study of how people and businesses use their resources.
A person with the ideas, the company, the brand.
capital
Human made items, tools, machines used.
Opportunity
Whatever is given up when a choice must be made.
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
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…
65 terms
Social Economics
What did the coal miners strike do
Teddy Roosevelt
Rockefeller
Standard Oil
unions=self interest
+ government intervention, + government equity, NO MONOPOLIES
-individualist, self sustaining, took MAJOR advantage of the…
monopolized oil industry... -TAFT persecuted them under the sher…
What did the coal miners strike do
unions=self interest
Teddy Roosevelt
+ government intervention, + government equity, NO MONOPOLIES
38 terms
Social - Economics
Economic Systems
Traditional economy
Command economy
Mixed economy
People make and distribute goods and services. Roles of indiv…
People make economic choices on customs and habits... Usually hu…
Central government makes all economic choices. Examples: Nort…
Most economies are like this. Has mixed elements of tradition…
Economic Systems
People make and distribute goods and services. Roles of indiv…
Traditional economy
People make economic choices on customs and habits... Usually hu…
Social economics
Economy
Goods
Services
Scarcity
The resources and process od the production distribution and…
Products or possession
Things that help or do work for us
Limited resources for the want and need demand
Economy
The resources and process od the production distribution and…
Goods
Products or possession
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.
13 terms
Social Studies Economics
Supply
Demand
Excess
Surplus
the amount of a good or service there is
how many people want a good or service
to have more than necessary, when Supply is higher than Demand
to have more than necessary, when Supply is higher than Demand
Supply
the amount of a good or service there is
Demand
how many people want a good or service
65 terms
Economic and social community
Loom (v) ... The Trans-Pacific Partnershi…
Subcontract (v) ... Few Vietnamese busine…
Feedstock (n) material
Derive (n) from sth... 1.Vietnam is unlik…
1. Be about to happen
To pay a person or company to do some of the work that you ha…
Basic material that is supplied to a machine or used in an in…
1.to get sth (especially a feeling or an advantage) from sth…
Loom (v) ... The Trans-Pacific Partnershi…
1. Be about to happen
Subcontract (v) ... Few Vietnamese busine…
To pay a person or company to do some of the work that you ha…
9 terms
Economics // SOCIAL
Opportunity cost
Trade offs
Macroeconomics
Microeconomics
The true cost of choosing one alternative over the other
Giving up one thing in order to obtain another
Deals with large bodies of economics like government, worldwi…
Deals with behavior and decisions of smaller unit like famili…
Opportunity cost
The true cost of choosing one alternative over the other
Trade offs
Giving up one thing in order to obtain another
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
11 terms
Economics and social
CSR
Ethical environment
Public relations
Technological change
Corporate social responsibility
Morals and beliefs
Actions to achieve a positive relationship with stakeholders
Change In range, applications and efficiency
CSR
Corporate social responsibility
Ethical environment
Morals and beliefs
15 terms
Social and Economic
with the ____ _______ of _______ to __…
he smiled and ________ to the ________…
First he _______ that all ____ and ___…
even a sum of ___ _____ demanded _____…
with the same amount of property to support each, and they wo…
he smiled and remarked to the bystanders that the whole of La…
First he declared that all gold and silver coinage was now in…
even a sum of ten minas demanded substantial storage space in…
with the ____ _______ of _______ to __…
with the same amount of property to support each, and they wo…
he smiled and ________ to the ________…
he smiled and remarked to the bystanders that the whole of La…
62 terms
Social Studies 4-8:Economics
Free Enterprise System
Command Economy
Socialist System
Capital
America's economic system; private or corporate ownership of…
Economic decisions are made by the central government. Govern…
Government owns most basic industries, decides how much to pa…
Money used to expand a business
Free Enterprise System
America's economic system; private or corporate ownership of…
Command Economy
Economic decisions are made by the central government. Govern…
25 terms
Economic, Political and Social Systems
Economic System
Human Resources
Human made Resource
Natural Resource
A way of organizing resources and creating systems to buy and…
A resource that humans have: labor, knowledge
A resource made by humans
A resource found in nature
Economic System
A way of organizing resources and creating systems to buy and…
Human Resources
A resource that humans have: labor, knowledge
26 terms
6th Social Studies Economics
Scarcity
As supply goes up, what happens to pri…
As supply goes down, what happens to p…
Economic interdependence
Little amounts of goods, services, or resources so that it is…
The price of the goods go down
The price of an item goes up.
when countries rely on one another for resources, technology…
Scarcity
Little amounts of goods, services, or resources so that it is…
As supply goes up, what happens to pri…
The price of the goods go down
14 terms
Grade 3 Social Studies: Economics
economics
producer
consumer
goods
the study of buying and selling goods and services
someone who makes and sells goods or provides services
someone who buys goods or services
things people buy or sell
economics
the study of buying and selling goods and services
producer
someone who makes and sells goods or provides services
16 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…
30 terms
GED Social Studies: Economics
Capital
producer goods
consumer goods
raw materials
An economic system based on open competition in a free market…
Goods bought and used by companies, such as machines. Also kn…
Finished products that are consumed by an individual.
Basic substance in its natural, modified, or semi-processed s…
Capital
An economic system based on open competition in a free market…
producer goods
Goods bought and used by companies, such as machines. Also kn…
10 terms
Home economics social elective. Work
Work ethic
Intrinsic Work satisfaction
Extrinsic work satisfaction
Work alienation
Attitude towards work
Amount of pleasure and fulfilment that a job offers an indivi…
Money earned is the most important aspect of the job
Term given when workers have no job satisfaction and are not…
Work ethic
Attitude towards work
Intrinsic Work satisfaction
Amount of pleasure and fulfilment that a job offers an indivi…
10 terms
Social Studies-Economics 2016
mining
conserving
economics
natural resources
taking resources from the earth
protecting from damage or loss
the study of how a community's resources are shared-the way g…
riches that are found in nature such as land, forests, minera…
mining
taking resources from the earth
conserving
protecting from damage or loss
15 terms
Social-Studies-Grade-5-Economics
economics
import
export
money
the study of money and how it is created and shared
buying and bringing a product into a state or country
send a product to another state or country to be sold
coins or bills used to pay for goods and services
economics
the study of money and how it is created and shared
import
buying and bringing a product into a state or country
17 terms
Economic/Social
income, ability to purchase foods, acc…
boiled or fried... grits, cornbread, pork…
boiled, steamed or stir-fried... rice, no…
fried... tortillas, rice, fish, beans, po…
Socioeconomic Factors... Intake is affected by ___________
African - foods are usually ____________; common foods includ…
Asian - foods are usually ____________; common foods include…
Mexican - foods are usually ___________; common foods include…
income, ability to purchase foods, acc…
Socioeconomic Factors... Intake is affected by ___________
boiled or fried... grits, cornbread, pork…
African - foods are usually ____________; common foods includ…
19 terms
Economic, Political and Social Systems
Political System
Economic System
Social System
Human Resources
An organization to order society, provide security, and promi…
an organization of resources for human use
an organization of people into groups
A resource that humans have: labor, knowledge
Political System
An organization to order society, provide security, and promi…
Economic System
an organization of resources for human use
29 terms
Social Studies Economics unit
Economic Exchange
Barter
Currency
free market economy
system to organize the exchange of goods and services among p…
the simple trade of one item for another; AKA reciprocity
a money system that facilitates the exchange of goods also kn…
consumer driven and ruled by competition,... not controlled by 1…
Economic Exchange
system to organize the exchange of goods and services among p…
Barter
the simple trade of one item for another; AKA reciprocity
10 terms
Economics Terms - Social Studies
Traditional Economy
Market Economy
Command Economy
Mixed Economy
The oldest economy type, which relies solely on farming, trad…
A system where private businesses and consumers control the e…
A government-controlled economy - all businesses are governme…
A combination of command and market economies. Most countries…
Traditional Economy
The oldest economy type, which relies solely on farming, trad…
Market Economy
A system where private businesses and consumers control the e…
12 terms
CORE Social Studies: Economics
Income taxes on individuals
Tax cuts or lowering of rates
Tax increase or raising of rates
Income taxes on corporations
Tax on an individual's income, range from 10-35%
Can provide an economic stimulus
Can slow down the rate of inflation
Tax on business profits
Income taxes on individuals
Tax on an individual's income, range from 10-35%
Tax cuts or lowering of rates
Can provide an economic stimulus
9 terms
Social Studies: Economics Unit
community
goods
job
natural resource
a place where people live, work, and play
things that can be bought and sold
the work people do
something found in nature that people can use
community
a place where people live, work, and play
goods
things that can be bought and sold
22 terms
Economics - Vocabulary Terms for Social Studies
Human Capital
Natural Resources
Capital
Gross Domestic Product (GDP)
people who perform the labor ( people who do the work - facto…
Things that come from the land like minerals or trees. We use…
Things that you would spend money on in order to create a goo…
Total market value of the goods and services produced by a co…
Human Capital
people who perform the labor ( people who do the work - facto…
Natural Resources
Things that come from the land like minerals or trees. We use…
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