

Economic Concepts Flashcards
Flashcard
•
Social Studies
•
3rd Grade
•
Practice Problem
•
Easy
Latoya Sims
Used 3+ times
FREE Resource
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20 questions
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1.
FLASHCARD QUESTION
Front
Budget
Back
An estimate of income and expenses for a set period of time
2.
FLASHCARD QUESTION
Front
Founder of Amazon
Back
Jeff Bezos
3.
FLASHCARD QUESTION
Front
Decrease in supply with constant demand
Back
The price increases
4.
FLASHCARD QUESTION
Front
Definition of scarcity
Back
A shortage or lack of something
5.
FLASHCARD QUESTION
Front
Labor
Back
Work done for money
6.
FLASHCARD QUESTION
Front
First person to mass produce cars using an assembly line
Back
Henry Ford
7.
FLASHCARD QUESTION
Front
Profit
Back
Money left after paying all expenses
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