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Study sets matching "studies economics social"

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Study sets matching "studies economics social"

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
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.
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…
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…
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…
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
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
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.
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…
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.
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
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…
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…
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
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
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…
18 terms
Social Studies Economics Test
goods
services
Natural Resource
Capital Resource
any item that can be bought or sold
an action that one person does for another in exchange for pa…
things that occur in nature like rocks and plants
anything made by people and used to make other things (machin…
goods
any item that can be bought or sold
services
an action that one person does for another in exchange for pa…
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
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…
15 terms
Social Studies-Economics
region
producer
consumer
division of labor
an area with one or more feature in common
someone who makes or sells goods and services
someone who buys or uses goods and services
each worker only does one part of a larger job
region
an area with one or more feature in common
producer
someone who makes or sells goods and services
9 terms
Social Studies Economics
Sole Proprietorship
Partnership
Corporation
Factors of Production
a business owned by one person or a family
a business owned by two or more people
a business with a charter from the government
land, labor, capital, and management
Sole Proprietorship
a business owned by one person or a family
Partnership
a business owned by two or more people
45 terms
Social Studies - Economics
Macroeconomics
Microeconomics
Scarcity
Opportunity Cost
Study of the economy as a whole.
Study of the individual parts that make up the economy.
Scarcity refers to the basic economic problem, the gap betwee…
What one must give up to pursue something else.
Macroeconomics
Study of the economy as a whole.
Microeconomics
Study of the individual parts that make up the economy.
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
25 terms
MTTC Social Studies Economics
Cost Benefit Analysis
Division of Labor/ Specialization
Economic Institution
Economic Systems
Looking at a decision that needs to be made for your business…
Specializing on one tasks makes a worker much more efficient…
Institutions that are created in order to regulate the Econom…
Different ways in which we carry out economics. ie Capitalism…
Cost Benefit Analysis
Looking at a decision that needs to be made for your business…
Division of Labor/ Specialization
Specializing on one tasks makes a worker much more efficient…
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
40 terms
Social Studies - economics
abundance
assembly line
bank
barter
a lot of something
Each worker only does one part of a job
a business that keeps, exchanges, and lends money to people
to give a good or a service to another in exchange for a diff…
abundance
a lot of something
assembly line
Each worker only does one part of a job
8 terms
Social Studies, Unit 3: Economics
Economics
buyer
seller
exchange
the study of how people use money, goods, and services
a person who gives money or trades items for things he or she…
a person who takes money or other items in exchange for thing…
means to trade or give up on item for another
Economics
the study of how people use money, goods, and services
buyer
a person who gives money or trades items for things he or she…
21 terms
Social Studies Economics
consumer
producer
entrepreneur
incentive
a person who exchanges his/her income for goods and services
a person who makes a good or service by using resources
a person who starts a business
something that encourages people to make an effort to do some…
consumer
a person who exchanges his/her income for goods and services
producer
a person who makes a good or service by using resources
5th Social Studies - Economics
service
goods
production
distribution
Work someone does for others (doctor, dentist, auto mechanic).
Things we buy - clothing, food, TV, computer.
Making goods to be sold.
Taking goods from where they are made to the store.
service
Work someone does for others (doctor, dentist, auto mechanic).
goods
Things we buy - clothing, food, TV, computer.
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…
19 terms
Social Studies - Economics
capital
consumer
currency
free enterprise
the tools, equipment, and factories used in the production of…
a person who uses goods or services
coins and paper bills that serve as money
an economic system in which people can own property and busin…
capital
the tools, equipment, and factories used in the production of…
consumer
a person who uses goods or services
15 terms
Social Studies: ISTEP ECONOMICS
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
50 terms
SOCIAL STUDIES CITIZENSHIP AND ECONOMICS
government
Constitution
Limited government
Unlimited Government
is group of people who have power to make and enforce laws fo…
is a system of basic rules for the government
Is a government structure that limits governments actions by…
Is a government structure that has no effective limits on gov…
government
is group of people who have power to make and enforce laws fo…
Constitution
is a system of basic rules for the government
25 terms
Social Studies economic vocab
Currency
Embargo
Emigrate
Entrepreneur
A nation's money
A ban on trade with another country for one or all goods, bas…
to permanently leave a country for another, people who do thi…
A person who starts his/her own business in hopes of making a…
Currency
A nation's money
Embargo
A ban on trade with another country for one or all goods, bas…
22 terms
6th Grade Social Studies / Economics
Scarcity
Economic system
Traditional economy
Command economy
This is the limited supply of something
Developed to determine how a country will use its limited res…
The customs & habits of the past are used to decide what and…
The government makes basic economic decisions. Individuals &…
Scarcity
This is the limited supply of something
Economic system
Developed to determine how a country will use its limited res…
65 terms
Social studies economics unit
definition of economics
How do economists study human behavior?
Give an example of a question an econo…
good
the study of the production, distribution, and consumption of…
They collect data and analyze data.
An example of a question they might ask is what goods and ser…
tangible item that has value to someone
definition of economics
the study of the production, distribution, and consumption of…
How do economists study human behavior?
They collect data and analyze data.
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…
29 terms
GED - Social Studies (Economics)
economics
cost
individual choice
opportunity cost
Refers to the continuous exchange of goods, services, and res…
A principal of economics you can't get something for nothing.
What to do and not do, what to buy or not buy.
Gains that are passed over in the choice of doing one thing i…
economics
Refers to the continuous exchange of goods, services, and res…
cost
A principal of economics you can't get something for nothing.
15 terms
Social Studies: ISTEP ECONOMICS
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
10 terms
Social Studies 5: Economics
economy
free enterprise
profit
supply
a system for producing and distributing goods and services
a type of economy where people are allowed to start businesse…
money left over after all expenses have been paid
the amount of a good or service available
economy
a system for producing and distributing goods and services
free enterprise
a type of economy where people are allowed to start businesse…
11 terms
Social Studies Economics Vocabulary
Capitalism
Communism
Demand
Depression
Economic system based on private ownership and the investment…
Economic and political system based on one party government a…
Willingness and ability of consumers to spend money for goods…
Severe economic slump
Capitalism
Economic system based on private ownership and the investment…
Communism
Economic and political system based on one party government a…
14 terms
Social Studies Economics - Mr. Jackson
Producer
Consumer
Assembly Line
Human Resources
Someone who makes or provides goods or services
Someone who uses or buys goods and services
A process in which one part is added to a product as it moves…
Workers needed to make and sell goods and services
Producer
Someone who makes or provides goods or services
Consumer
Someone who uses or buys goods and services
8 terms
Social Studies Economics
Economics
3 Economic Questions
Factors of Production (factors of econ…
Land (natural resources)
The study of scarcity or how to distribute resources in a wor…
(1) what to produce, (2) how to produce it, (3) for whom to p…
(1) Land (natural resources), (2) Labor (human resources), (3…
Resources that come from the earth (examples: land, soil, pla…
Economics
The study of scarcity or how to distribute resources in a wor…
3 Economic Questions
(1) what to produce, (2) how to produce it, (3) for whom to p…
27 terms
Social Studies- Economics
data
data set
present consequences
future consequences
is factual information that has been collected together
a collection of data related to a specific topic
consequences can be felt or seen immediately
consequences may not affect us until years or decades into th…
data
is factual information that has been collected together
data set
a collection of data related to a specific topic
14 terms
Social Studies - Economics Vocabulary
scarcity
unlimited wants
natural resources
limited resources
not enough
There is no end to the number of things people want and need.
things in nature that people see as useful
There are only certain amounts of resources.
scarcity
not enough
unlimited wants
There is no end to the number of things people want and need.
8 terms
Social studies economics 2
Needs
Wants
Goods
Services
Things you need to survive
Desired not necessary for survival
Everything that can be bought or sold
Any action that one person does for another it can be paid or…
Needs
Things you need to survive
Wants
Desired not necessary for survival
11 terms
Social Studies Economic Vocab
Barter
Caravan
Import
Export
trading a good or service directly for another good or servic…
a large possession of wagons or mules or camels traveling tog…
to bring good or services into a country from abroad (somewhe…
to send out goods or services from a country to another count…
Barter
trading a good or service directly for another good or servic…
Caravan
a large possession of wagons or mules or camels traveling tog…
9 terms
Social studies economics
Market economy
Economic
Market economic system
Commend economic systems
What to produce how much and price.
Decisions made by individuals looking out for their best inte…
Countries with a mixed economy including Iceland, Sweden,ect.
People are told what jobs they can have.
Market economy
What to produce how much and price.
Economic
Decisions made by individuals looking out for their best inte…
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