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Java Games: Flashcards, matching, concentration, and word search. |
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Businesses in the local and national environment
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| A | B |
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| Demography | the study of population |
| Externalities | the cost or benefit of an actvitity which is not paid for |
| Infrastructure | the built environment, like roads, factories, schools |
| Private costs | the costs and benefits to individuals, businesses of an economic activity |
| Social costs & Benefits | costs and benefits to society as a whole of the activities of businesses |
| Boom | period of time when an economy is growing |
| Inflation | a general rise in prices |
| Recession | period of time when the economy is slowing down |
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