Java Games: Flashcards, matching, concentration, and word search.

Economics Terms for Miss Haas

- some terms we need to know for our economics test

AB
law of demandas prices go up, consumers buy less, and as prices go down, consumers buy more
law of supplyas prices go up, producers make more, and as prices go down, producers make less
supplyhow much producers are willing and able to sell at different prices
riskthe chance of losing something valuable
monopolyexist when a single seller sells a product
bondan interest
stocka share of ownership in a corporation
fixed costare the costs that a producer must pay to stay in business
GDPGross Domestic Product
Dividenda portion of a corperation profits that is discubuted amoung its stockholder
Partnershipa business owned by two or more people
Sole Proprietoris a person who owns and runs a busness by thereselfs
Generala busness in witch partners share decisions profits
Corporationa busness owned by its stockholders
stockholderspeople who own shares of stock in a corperation owners of a corperation

This activity was created by a Quia Web subscriber.
Learn more about Quia
Create your own activities