An economic system based on private ownership of capital
C1+ Second term Vocabulary test

Quiz
•
English
•
Professional Development
•
Hard
Connie Hatwell
Used 3+ times
FREE Resource
20 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
2.
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1 min • 1 pt
an economic concept that states that the price of a good rises and falls depending on how many people want it and depending on how much of the good is available
3.
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1 min • 1 pt
A government payment that supports a business or market
4.
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1 min • 1 pt
market composed of buyers and sellers within a nation
5.
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1 min • 1 pt
the upward or downward movement of a market for six months or more
6.
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1 min • 1 pt
the ability of the economy to increase the production of goods and services
7.
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1 min • 1 pt
Coins and paper bills used as money
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