Lawn Boy: Economics Vocabulary Flashcards
Lawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics VocabularyLawn Boy: Economics
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| 494549708 | Barter | To trade goods or services without using money. | |
| 494549709 | Benefit | Something you gain when you make a choice. | |
| 494549710 | Budget | a plan for earnings and spending money. | |
| 494549711 | Capital Gains | The profit made by selling in an investment, such as a stock or a piece of property. | |
| 494549712 | Capital | wealth in the form of money or property that has accumulated in a business and is often used to create more wealth. | |
| 494549713 | Capitalism | The ability to own your own business to compete against other businesses. | |
| 494549714 | Cash flow | The movement of cash into or out of a business, project or financial product. | |
| 494549715 | Cost | Something you give up when making a choice. | |
| 494549716 | Demand | the amount of goods and services that consumers want to buy. | |
| 494549717 | Diversification | Manufacturing different products. | |
| 494549718 | Earnings | Money earned for work. | |
| 494549719 | Economics | the study of how choices are made. | |
| 494549720 | Entrepreneurship | The act of organizing and operating a business enterprise and assuming risks involved. | |
| 494549721 | Financial Capital | Money invested in what's needed to produce goods and services. | |
| 494549722 | Growth | the process of growth; development. | |
| 494549723 | Gross | Total, before anything, (like taxes and expenses) is subtracted from income. | |
| 494549724 | Incentives | Things such as rewards that motivate a person to do something. | |
| 494549725 | Investment | the act of using money or time for a profit or advantage. | |
| 494549726 | Management | the person who manages a business or organization | |
| 494549727 | Market Economy | an economic system in which private individuals own the factors about reproduction, distribution and consumption. | |
| 494549728 | Opportunity Cost | the best option given up when you make a choice. | |
| 494549729 | Price | amount of money or goods asked or gives for something. | |
| 494549730 | Profit | The money you make after subtracting the expenses from the total amount you made. | |
| 494549731 | Risk | to expose to a chance of harm or loss | |
| 494549732 | Scarcity | an insufficient amount of supply. | |
| 494549733 | Stock Market | a place where shares in a company are bought and sold. | |
| 494549734 | Supply | the amount of goods and services available for consumers to buy. | |
| 494549735 | Taxes | a contribution for the support of the government required of persons, groups or businesses within the domain of that government. |