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      <title>Economics Vocabulary by Za&#39;ryiah Dykes</title>
      <link>https://padlet.com/zardyk7119/2di1d5fnvhcn</link>
      <description>By: Zaryiah Dykes</description>
      <language>en-us</language>
      <pubDate>2019-04-09 19:30:21 UTC</pubDate>
      <lastBuildDate>2026-01-16 14:43:22 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Capital</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112032</link>
         <description><![CDATA[<div><br>any human-made resource that is used to create other goods and services.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:33:40 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112032</guid>
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         <title>Scarcity</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112113</link>
         <description><![CDATA[<div>limited amount of resource (unlimited wants + limited resources)</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:33:51 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112113</guid>
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      <item>
         <title>Entrepreneur</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112269</link>
         <description><![CDATA[<div>a person who assembles the factors of production to create new goods and services.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:34:15 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112269</guid>
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         <title>Land</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112497</link>
         <description><![CDATA[<div>all the natural resources that are used to produce goods and services.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:34:52 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112497</guid>
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         <title>Labor</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112528</link>
         <description><![CDATA[<div>Human effort, including both physical and mental effort, used to produce goods and services.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:34:58 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112528</guid>
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         <title>Traditional Economy</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112638</link>
         <description><![CDATA[<div>economic system that relies on habit, custom or ritual to decide questions of production and consumption of goods and services.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:35:15 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112638</guid>
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      <item>
         <title>Market Economy</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112685</link>
         <description><![CDATA[<div>An economy in which people specialize and exchange goods and services in markets.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:35:20 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112685</guid>
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      <item>
         <title>Command Economy</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112781</link>
         <description><![CDATA[<div>economic system in which a central authority is in command of the economy</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:35:34 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112781</guid>
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      <item>
         <title>Mixed Economy </title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112870</link>
         <description><![CDATA[<div>market-based economic system with limited government involvement.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:35:48 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350112870</guid>
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      <item>
         <title>Free Enterprise</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113005</link>
         <description><![CDATA[<div>a type of economy in which people are free to buy, sell, and produce whatever they want</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:36:05 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113005</guid>
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      <item>
         <title>Circular Flow of Economic Activity</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113109</link>
         <description><![CDATA[<div>economic model that pictures income as flowing continuously between businesses and consumers</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:36:21 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113109</guid>
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      <item>
         <title>Competition</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113244</link>
         <description><![CDATA[<div>the struggle between organisms to survive in a habitat with limited resources</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-09 19:36:41 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350113244</guid>
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      <item>
         <title>Profit Motive </title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324096</link>
         <description><![CDATA[<div>the force that encourages people and organizations to improve their material well-being.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-10 12:48:38 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324096</guid>
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      <item>
         <title>Supply</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324295</link>
         <description><![CDATA[<div>the amount of goods available</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-10 12:49:08 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324295</guid>
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      <item>
         <title>Demand</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324385</link>
         <description><![CDATA[<div>the desire to own something and the ability to pay for it</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-10 12:49:20 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350324385</guid>
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      <item>
         <title>Opportunity Cost</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350761907</link>
         <description><![CDATA[<div>Cost of an economic decision in terms of the next best alternative foregone.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-11 13:32:14 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350761907</guid>
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      <item>
         <title>Monopoly</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762183</link>
         <description><![CDATA[<div>A market in which there are many buyers but only one seller.</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-11 13:32:47 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762183</guid>
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      <item>
         <title>Oligopoly</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762345</link>
         <description><![CDATA[<div>a market structure in which a few large firms dominate a market</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-11 13:33:09 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762345</guid>
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      <item>
         <title>Monopolistic competition</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762494</link>
         <description><![CDATA[<div>a market structure in which many companies sell products that are similar but not identical</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-11 13:33:28 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762494</guid>
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      <item>
         <title>Pure competition</title>
         <author>zardyk7119</author>
         <link>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762692</link>
         <description><![CDATA[<div>a market situation with many sellers, each offering the same product</div>]]></description>
         <enclosure url="" />
         <pubDate>2019-04-11 13:33:47 UTC</pubDate>
         <guid>https://padlet.com/zardyk7119/2di1d5fnvhcn/wish/350762692</guid>
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