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      <title>Economics Vocabulary by Katyuska Rosario Elias</title>
      <link>https://padlet.com/katros0448/9yy7bgwrywrv</link>
      <description>civics vocabulary</description>
      <language>en-us</language>
      <pubDate>2019-04-09 19:10:10 UTC</pubDate>
      <lastBuildDate>2025-12-23 14:27:45 UTC</lastBuildDate>
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      <item>
         <title>Scarcity</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350104810</link>
         <description><![CDATA[<div>Is the state of being scarce or in short supply; shortage.</div><div><br></div>]]></description>
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         <pubDate>2019-04-09 19:17:53 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350104810</guid>
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      <item>
         <title>Capital</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350105654</link>
         <description><![CDATA[<div>Is the most important city or town of a country or region, usually it's seat of government and administrative center.</div>]]></description>
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         <pubDate>2019-04-09 19:18:36 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350105654</guid>
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      <item>
         <title>Entrepreneur</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350105979</link>
         <description><![CDATA[<div>a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.</div>]]></description>
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         <pubDate>2019-04-09 19:19:18 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350105979</guid>
      </item>
      <item>
         <title>Land</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350106402</link>
         <description><![CDATA[<div>An expanse of land; an area of ground, especially in terms of its ownership or use.</div>]]></description>
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         <pubDate>2019-04-09 19:19:59 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350106402</guid>
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      <item>
         <title>Labor</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350106672</link>
         <description><![CDATA[<div>Is to work, especially hard physical work.</div>]]></description>
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         <pubDate>2019-04-09 19:20:45 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350106672</guid>
      </item>
      <item>
         <title>Traditional Economy</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350107184</link>
         <description><![CDATA[<div>Is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manner of their distribution.</div>]]></description>
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         <pubDate>2019-04-09 19:22:02 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350107184</guid>
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      <item>
         <title>Command Economy</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350108400</link>
         <description><![CDATA[<div>Is an economy in which production, investment, prices, and incomes are determined centrally by a government.</div>]]></description>
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         <pubDate>2019-04-09 19:24:39 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350108400</guid>
      </item>
      <item>
         <title>	Market Economy</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350108994</link>
         <description><![CDATA[<div>Is an economic system in which production and prices are determined by unrestricted competition between privately owned businesses.</div>]]></description>
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         <pubDate>2019-04-09 19:26:07 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350108994</guid>
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      <item>
         <title>Mixed Economy</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350109375</link>
         <description><![CDATA[<div>Is an economic system combining private and public enterprise.</div><div><br></div><div><br></div>]]></description>
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         <pubDate>2019-04-09 19:27:08 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350109375</guid>
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      <item>
         <title>Free Enterprise</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350109770</link>
         <description><![CDATA[<div>Is an economic system in which private business operates in competition and largely free of state control.</div>]]></description>
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         <pubDate>2019-04-09 19:28:10 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/350109770</guid>
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      <item>
         <title>Circular Flow of Economic Activity</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351945159</link>
         <description><![CDATA[<div>Is a model of the economy in which the major exchanges are represented as flows of money, goods and services, etc. between economic agents.</div>]]></description>
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         <pubDate>2019-04-16 12:41:20 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351945159</guid>
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      <item>
         <title>Competition</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351945592</link>
         <description><![CDATA[<div>The activity or condition of competing.</div>]]></description>
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         <pubDate>2019-04-16 12:43:08 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351945592</guid>
      </item>
      <item>
         <title>Profit motive</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351946025</link>
         <description><![CDATA[<div>he desire for financial gain as an incentive in economic activity.</div>]]></description>
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         <pubDate>2019-04-16 12:44:40 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351946025</guid>
      </item>
      <item>
         <title>Supply</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351946744</link>
         <description><![CDATA[<div>A stock of a resource from which a person or place can be provided with the necessary amount of that resource.</div>]]></description>
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         <pubDate>2019-04-16 12:47:37 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351946744</guid>
      </item>
      <item>
         <title>Demand</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351947550</link>
         <description><![CDATA[<div>Is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. </div>]]></description>
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         <pubDate>2019-04-16 12:50:24 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351947550</guid>
      </item>
      <item>
         <title>Opportunity Cost</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351947976</link>
         <description><![CDATA[<div>Is the loss of potential gain from other alternatives when one alternative is chosen.</div>]]></description>
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         <pubDate>2019-04-16 12:52:06 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351947976</guid>
      </item>
      <item>
         <title>Monopoly</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948269</link>
         <description><![CDATA[<div>Is the exclusive possession or control of the supply of or trade in a commodity or service.</div>]]></description>
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         <pubDate>2019-04-16 12:53:07 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948269</guid>
      </item>
      <item>
         <title>Oligopoly</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948708</link>
         <description><![CDATA[<div>Is a state of limited competition, in which a market is shared by a small number of producers or sellers.</div>]]></description>
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         <pubDate>2019-04-16 12:54:28 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948708</guid>
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      <item>
         <title>Monopolistic competition</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948999</link>
         <description><![CDATA[<div> is a type of imperfect competition such that many producers sell products that are differentiated from one another and hence are not perfect substitutes.</div>]]></description>
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         <pubDate>2019-04-16 12:55:21 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351948999</guid>
      </item>
      <item>
         <title>Pure competition</title>
         <author>katros0448</author>
         <link>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351949302</link>
         <description><![CDATA[<div> A term that describes a market that has a broad range of competitors who are selling the same products.</div>]]></description>
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         <pubDate>2019-04-16 12:56:27 UTC</pubDate>
         <guid>https://padlet.com/katros0448/9yy7bgwrywrv/wish/351949302</guid>
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