Econ 1
Flashcard
•
Social Studies
•
12th Grade
•
Practice Problem
•
Hard
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8 questions
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1.
FLASHCARD QUESTION
Front
Not having enough resources is called
Back
scarcity
2.
FLASHCARD QUESTION
Front
True or False, there is no such thing as a free lunch
Back
True
3.
FLASHCARD QUESTION
Front
Land
Back
Cows
4.
FLASHCARD QUESTION
Front
Labor
Back
Workers
5.
FLASHCARD QUESTION
Front
Capital
Back
Money
6.
FLASHCARD QUESTION
Front
Which is not a basic question in Economics: What to Produce, When to Produce, How to Produce, For Whom to Produce?
Back
When to Produce
7.
FLASHCARD QUESTION
Front
The Invisible Hand is found in what type of Economy?
Back
Market
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