Vocabulary Tests Available for:
"Unit 1 Vocab Review"
Which vocabulary test would you like to take?
capital
capital goods
capitalism
circular flow of the economy
command economy
consumer
consumer goods
economic growth
entrepreneurship
factors of production
free enterprise system
incentives
invisible hand
labor
laissez-faire
land
market economy
mixed economy
opportunity benefit
opportunity cost
paradox of value
producer
production possibilities
profit
scarcity
services
technology
three fundamental questions of economics
trade offs
traditional economy
utility
value