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      <title>Economic term vocabulary by Tomlin, Darrin I</title>
      <link>https://padlet.com/2000060585/j9004uex3vkn</link>
      <description>ten easy vocab words to remember</description>
      <language>en-us</language>
      <pubDate>2019-03-15 14:03:41 UTC</pubDate>
      <lastBuildDate>2025-09-25 20:35:11 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>What is trade?</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342177565</link>
         <description><![CDATA[<div>This shows two people shaking hands which could be the start of an agreement. A better way to represent this picture would be to have one hand holding money and the other holding fruit. To symbolize the deal and how trade works in a nutshell.</div>]]></description>
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         <pubDate>2019-03-17 21:32:03 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342177565</guid>
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      <item>
         <title>currency</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342178583</link>
         <description><![CDATA[<div>The picture below shows different people holding different versions of money. All those different  types of money are called currency.</div>]]></description>
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         <pubDate>2019-03-17 21:38:41 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342178583</guid>
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      <item>
         <title>Entrepreneur </title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342180520</link>
         <description><![CDATA[<div>This is a person who takes a risk to start their own business. The picture shows those risks. The plan to start your own business is fairly simple, however some cosmic power of the universe decides to make everything hard for you.</div>]]></description>
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         <pubDate>2019-03-17 21:53:52 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342180520</guid>
      </item>
      <item>
         <title>import</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342181355</link>
         <description><![CDATA[<div> The easiest way to explain this, is to say that an import is the opposite of an export.<br>The way the picture below helps to explain what an import is this. Picture a brand new country, this country has islands suroounding it. The leader of this country decides to incorporate the islands as part of the country. Flash-forward a couple thousand years. A citizen wants exotic fruits not grown on her island. So she orders the fruits from an island in her country. Imagine that that country is apart of the picture below.</div>]]></description>
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         <pubDate>2019-03-17 22:01:05 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342181355</guid>
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      <item>
         <title>export</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342181366</link>
         <description><![CDATA[<div>This is when goods or services are transported from the country they were ordered from and to the country they were ordered to. The picture shows a person holding a cart full of fruit. People are ordering this fruit, as seen on the globe. The person shown is going to give the people the fruits. He is the one they're ordering the fruit from</div>]]></description>
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         <pubDate>2019-03-17 22:01:11 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342181366</guid>
      </item>
      <item>
         <title>human capital</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342621945</link>
         <description><![CDATA[<div>this is the skill level of those who are included on a workforce. Below the picture shows the neccesary things that will raise human capital. The employees you see at Publix or any store had to be trained to do their job well. Basically those employees had to have all the following taits.</div>]]></description>
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         <pubDate>2019-03-18 21:30:18 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342621945</guid>
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      <item>
         <title>capital goode</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342624998</link>
         <description><![CDATA[<div>these are goods that were made from other goods. Such as machines. Like this bread factory shown below. This was made by people, of course. However they most likely machines to make this factor or tools made from other machines.</div>]]></description>
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         <pubDate>2019-03-18 21:45:51 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342624998</guid>
      </item>
      <item>
         <title>specialization</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342626077</link>
         <description><![CDATA[<div>this will usually occur in a buisness. It's when you single out one thing and produce more of it or learn how to make it better. IN the below picture, you can see that those employees were assigned certain roles. THey are specialists in that field.</div>]]></description>
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         <pubDate>2019-03-18 21:51:27 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342626077</guid>
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      <item>
         <title>GDP</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342629645</link>
         <description><![CDATA[<div>It stands for Gross Domestic Product. The <strong>Gross Domestic Product</strong> measures the value of economic activity within a country. Strictly <strong>defined</strong>, <strong>GDP</strong> is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time. Below the picture shows the GDP of Greece.</div>]]></description>
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         <pubDate>2019-03-18 22:11:22 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342629645</guid>
      </item>
      <item>
         <title>natural resource</title>
         <author>2000060585</author>
         <link>https://padlet.com/2000060585/j9004uex3vkn/wish/342630529</link>
         <description><![CDATA[<div>The easiest term of them all. I won't even go over it.<br>Kidding, it just means resouces that come from the ground up, i.e. the earth. In this picture the resources shown come from the earth and we as humans use them to go about our daily lives.</div>]]></description>
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         <pubDate>2019-03-18 22:18:03 UTC</pubDate>
         <guid>https://padlet.com/2000060585/j9004uex3vkn/wish/342630529</guid>
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