Concepts to know for economics.
In hard times our government gives people unemployment insurance. If people lose their money
as a result of bank failure and the bank is insured by FDIC. The government is obligated to pay
people back up to $
An economic forecast is a prediction about what will happen to the economy over a
period of time. Just like weather forecasts they are not always accurate. Economic
forecasts are determined by indicators leading indicators change before
The term unemployment means that someone is eligible for work but does not have a job.
The unemployment rate is the number of people looking for work. Hidden unemployment
is workers who have given up on looking for a job they are not counted
Comparing Basic Economic Systems
Economics is the study of choices people make in economic system the government must
make choices as well. Economic system- an organized set of procedures and practices
that a society follows in the production and distribu
Does Credit Promote Economic Growth?
What is credit? Credit is any form of deferred payments using someone elses money.
Credit can have many different forms such as mortgage, auto student or other loans. A
credit card identifies a person as a participant
Why is Money Valuable?
What is money? Money is anything accepted as a medium of exchange. The world did
not always use the dollars and cents that we have today. In the past different items have
been used for exchange such as beads, fish or shells among ma
Introduction to the Stock Market
A stock is a portion of a company that is sold. People buy portions of companies in hopes
of making a profit. A corporation is a type of business organization in which hundreds,
thousands or even millions of people own. A
Economics Homework Demand in an Economy
What is a demand schedule? A chart or graphic representation that shows how much
money the average person will pay. This chart helps economists to determine the price
that most people will buy and the seller gets th
Labor Unions in America
Today we will look at what the labor force is and why it is in place. The word labor is
defined as any type of work. The labor force is anyone who is an employee for an
employer. There are three main sectors of the labor force. The
Economics Vocabulary List
Economics- the study of how people meet their needs and wants by making decisions.
Scarcity- a good or service is finite in quantity and that effects how much of it is used, the way it
is used and who uses it.
Comit de actividades recreativas, artsticas o culturales
El objetivo del Comit es promover, en apego al enfoque y contenidos de los
programas curriculares de cada grado escolar, la realizacin de actividades
orientadas a la recreacin, el arte y la cultura