https://padlet.com/kynray7350/1gzut1eukmkb 20 terms en-us 2019-11-06 19:13:26 UTC 2026-01-19 03:50:12 UTC hello@padlet.com https://padlet.net/icons/png/1f4b8.png kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407683557 Inability to satisfy all wants at the same time]]> 2019-11-06 19:15:00 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407683557 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407684035 any human-made resource that is used to create other goods and services]]> 2019-11-06 19:15:30 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407684035 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407684873 one who organizes, manages, and assumes the risks of a business or enterprise]]> 2019-11-06 19:16:28 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407684873 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407685497 natural resources that are used to make goods and services]]> 2019-11-06 19:17:13 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407685497 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407686028 The aggregate of all human physical and mental effort used in creation of goods and services]]> 2019-11-06 19:17:51 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407686028 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407686391 An economic system in which the decisions of what, how, and for whom to produce are based on custom or habit]]> 2019-11-06 19:18:21 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407686391 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407687722 a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered for sale]]> 2019-11-06 19:20:01 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407687722 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407688215 an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses]]> 2019-11-06 19:20:31 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407688215 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407688779 a system that combines aspects of both capitalism and socialism]]> 2019-11-06 19:21:13 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407688779 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407689691 freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance]]> 2019-11-06 19:22:26 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407689691 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407690276 a model showing the basic economic relationships within a market economy]]> 2019-11-06 19:23:13 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407690276 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407690726 the act or process of trying to get or win something that someone else is also trying to get or win]]> 2019-11-06 19:23:48 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407690726 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407691858 the intent to achieve monetary gain in a transaction or material endeavor]]> 2019-11-06 19:25:17 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407691858 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407692404 he amount of a good or service that producers are willing and able to sell at a certain price]]> 2019-11-06 19:26:00 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407692404 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407692679 the amount of a good or service that consumers are willing and able to buy at a certain price]]> 2019-11-06 19:26:21 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407692679 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407693033 the value of something when a particular course of action is chosen]]> 2019-11-06 19:26:49 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407693033 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407693514 A market structure characterized by a single seller, selling a unique product in the market]]> 2019-11-06 19:27:23 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407693514 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407694204 an industry which is dominated by a few firms]]> 2019-11-06 19:28:15 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407694204 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407699023 characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes]]> 2019-11-06 19:34:15 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407699023 kynray7350 https://padlet.com/kynray7350/1gzut1eukmkb/wish/407699403 a theoretical market structure in which the following criteria are met]]> 2019-11-06 19:34:51 UTC https://padlet.com/kynray7350/1gzut1eukmkb/wish/407699403