
SOC STUD 9: BASIC CONCEPT OF ECONOMICS

Flashcard
•
Biology
•
9th - 12th Grade
•
Hard
Madelyn Exclamado
Used 1+ times
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51 questions
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1.
FLASHCARD QUESTION
Front
Economics originated from the Greek word
Back
Oikonomia
2.
FLASHCARD QUESTION
Front
Oikonomia stands for
Back
Household Management
3.
FLASHCARD QUESTION
Front
A Social Science that deals with the study of how to manage well the scarce resources in order to satisfy the unlimited human needs and wants
Back
Economics
4.
FLASHCARD QUESTION
Front
Is how one manages a Household Wealth
Back
Economics
5.
FLASHCARD QUESTION
Front
Is a type of Economics that involves Household and Business Economics
Back
Microeconomics
6.
FLASHCARD QUESTION
Front
A small type of Economics
Back
Microeconomics
7.
FLASHCARD QUESTION
Front
Is a type of Economics that involves National and International Economics
Back
Macroeconomics
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