Thursday, 29 March 2012

Economy Vocabulary: Chapter 6

Define and Illustrate or Give an example for each of the following terms;

Economy
Economic System
Scarcity
Land
Labour
Capital
Privately Owned
Publically Owned
Public Good
Shift left
Shift Right
Consumers
Producers
Supply
Demand
Competition
Unemployment Rate
Strike
Collective Bargaining
Labour Union


- Due Friday April 13