<?xml version="1.0"?>
<rss version="2.0">
   <channel>
      <title>Economics Vocabulary by Ariel Downer</title>
      <link>https://padlet.com/aridow5941/oyze20gg1u1r</link>
      <description></description>
      <language>en-us</language>
      <pubDate>2018-09-25 14:37:37 UTC</pubDate>
      <lastBuildDate>2024-05-27 03:28:56 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
      <image>
         <url></url>
      </image>
      <item>
         <title>Scarcity</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285564051</link>
         <description><![CDATA[<div>Basic economic problems with limiting humans wants and needs.</div>]]></description>
         <enclosure url="http://iblog.dearbornschools.org/farhoud/wp-content/uploads/sites/151/2013/01/Scarcity.jpg" />
         <pubDate>2018-09-25 14:54:03 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285564051</guid>
      </item>
      <item>
         <title>Capital</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285565375</link>
         <description><![CDATA[<div>Financial assets or their financial </div>]]></description>
         <enclosure url="https://i2.wp.com/marketbusinessnews.com/wp-content/uploads/2015/09/Financial-Assets-thumbnail.jpg?fit=374,317&amp;ssl=1" />
         <pubDate>2018-09-25 14:55:28 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285565375</guid>
      </item>
      <item>
         <title>Entrepreneur</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285567868</link>
         <description><![CDATA[<div>A person who statrts a business or businesses.</div>]]></description>
         <enclosure url="https://www.visioncritical.com/wp-content/uploads/2014/12/from-entrepreneur-to-cmo.jpg" />
         <pubDate>2018-09-25 14:58:19 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285567868</guid>
      </item>
      <item>
         <title>Land</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285571313</link>
         <description><![CDATA[<div>Any part of the earth that is covering the earth.</div>]]></description>
         <enclosure url="http://www.justrenttoown.com/blog/wp-content/uploads/2015/04/rawland.jpg" />
         <pubDate>2018-09-25 15:01:33 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285571313</guid>
      </item>
      <item>
         <title>Labor</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285572752</link>
         <description><![CDATA[<div>A job or a task that is expected to be done.</div>]]></description>
         <enclosure url="http://iset-pi.ge/images/easyblog_images/111/FutureOfLabor.jpg" />
         <pubDate>2018-09-25 15:03:04 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285572752</guid>
      </item>
      <item>
         <title>Traditional Economy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285574646</link>
         <description><![CDATA[<div>A system that relies in customs, history and past timed beliefs.</div>]]></description>
         <enclosure url="https://cdn.thinglink.me/api/image/571374375438123010/1240/10/scaletowidth" />
         <pubDate>2018-09-25 15:05:11 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285574646</guid>
      </item>
      <item>
         <title>Command Economy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580365</link>
         <description><![CDATA[<div>An economy in which production, investment, prices and incomes are determined by a government.</div>]]></description>
         <enclosure url="http://marketbusinessnews.com/wp-content/uploads/2016/07/Command-economy-features-image.jpg" />
         <pubDate>2018-09-25 15:12:35 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580365</guid>
      </item>
      <item>
         <title>Market Economy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580789</link>
         <description><![CDATA[<div>A capitalistic economic system in which there is free competition and prices are regulated by supply and demand</div>]]></description>
         <enclosure url="http://marketbusinessnews.com/wp-content/uploads/2016/08/Competitors-in-the-free-market-economy.jpg" />
         <pubDate>2018-09-25 15:13:01 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580789</guid>
      </item>
      <item>
         <title>Mixed Economy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580928</link>
         <description><![CDATA[<div>An economic system that has both private and public enterprises.</div>]]></description>
         <enclosure url="https://i.pinimg.com/736x/6d/c8/20/6dc8203afb8c17f61ac03f467b329463--mixed-economy-global-business.jpg" />
         <pubDate>2018-09-25 15:13:09 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285580928</guid>
      </item>
      <item>
         <title>Free Enterprise</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285606300</link>
         <description><![CDATA[<div>A type of economy where products, prices and services are regulated by a market rather than a government.</div>]]></description>
         <enclosure url="https://i.ytimg.com/vi/xSMd4BuuXB8/hqdefault.jpg" />
         <pubDate>2018-09-25 15:41:56 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/285606300</guid>
      </item>
      <item>
         <title>Circular flow of economic activity</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264339</link>
         <description><![CDATA[<div>A model showing the basic economic relationship within a market economy.</div>]]></description>
         <enclosure url="http://2.bp.blogspot.com/_8-z-DJhoXIQ/TLz-kSNxynI/AAAAAAAADCw/2dWQIyqGUzI/s1600/CircularFlowEconomicActivity.png" />
         <pubDate>2018-09-29 23:35:33 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264339</guid>
      </item>
      <item>
         <title>Competition</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264591</link>
         <description><![CDATA[<div>A condition where different economic firms seek to obtain a share of limited goods</div>]]></description>
         <enclosure url="https://www.insperity.com/wp-content/uploads/2016/05/Competition-at-Work-3-Steps-to-Keep-It-Healthy-and-Motivational-1200x630.png" />
         <pubDate>2018-09-29 23:41:12 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264591</guid>
      </item>
      <item>
         <title>Profit motive</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264882</link>
         <description><![CDATA[<div>The motivation of firms that operate so as to maximize their profits.</div>]]></description>
         <enclosure url="http://cdn.yourarticlelibrary.com/wp-content/uploads/2013/12/394-4.jpg" />
         <pubDate>2018-09-29 23:46:40 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287264882</guid>
      </item>
      <item>
         <title>Supply</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265130</link>
         <description><![CDATA[<div>The total amount of a specific good or service that is available to the consumers.</div>]]></description>
         <enclosure url="https://www.carandtruckrentalprices.com/wp-content/uploads/2015/02/The-Law-of-Supply-and-Demand-CarAndTruckRentalPrices.jpg" />
         <pubDate>2018-09-29 23:51:17 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265130</guid>
      </item>
      <item>
         <title>Demand</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265372</link>
         <description><![CDATA[<div>Consumer's desire and willingness to pay a price for a specific good or service</div>]]></description>
         <enclosure url="http://tradingtuitions.com/wp-content/uploads/2016/12/Supply-Demand.png" />
         <pubDate>2018-09-29 23:55:08 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265372</guid>
      </item>
      <item>
         <title>Opportunity cost</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265560</link>
         <description><![CDATA[<div>The value of the choice in terms of the best alternative while making a decision.</div>]]></description>
         <enclosure url="http://www.financiallyalert.com/wp-content/uploads/2016/08/Opportunity-Cost.jpg" />
         <pubDate>2018-09-29 23:59:07 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265560</guid>
      </item>
      <item>
         <title>Monopoly</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265759</link>
         <description><![CDATA[<div>A market structure characterized by a single seller, selling a unique product in the market.</div>]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/317317479/7d8f27f0b29b152a12d4d346429d8b8e/monopoly.jpg" />
         <pubDate>2018-09-30 00:03:19 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287265759</guid>
      </item>
      <item>
         <title>Oligopoly</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266140</link>
         <description><![CDATA[<div>A industry structure in which a few firms dominate.</div>]]></description>
         <enclosure url="http://blog.envirofone.com/wp-content/uploads/2013/09/smartphone_oligopoly.jpg" />
         <pubDate>2018-09-30 00:12:24 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266140</guid>
      </item>
      <item>
         <title>Monopolistic competition</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266299</link>
         <description><![CDATA[<div>When firms have the same competitors but each sells differently</div>]]></description>
         <enclosure url="https://image.slidesharecdn.com/monopolisticcompetition-130604084107-phpapp01/95/monopolistic-competition-1-638.jpg?cb=1370335319" />
         <pubDate>2018-09-30 00:16:07 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266299</guid>
      </item>
      <item>
         <title>Pure competition</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266699</link>
         <description><![CDATA[<div>When competitors sells the same product.</div>]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/317317479/33be908bbdacb20ca709033b80847ac7/pure.jpg" />
         <pubDate>2018-09-30 00:24:37 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/287266699</guid>
      </item>
      <item>
         <title>Gross Domestic Product</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846221</link>
         <description><![CDATA[<div>monetary measures of a market value of all final goods and services produced in a period time.</div>]]></description>
         <enclosure url="https://thumbs.dreamstime.com/x/gross-domestic-product-gdp-concept-infographic-keywords-icons-72399598.jpg" />
         <pubDate>2018-10-06 00:42:05 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846221</guid>
      </item>
      <item>
         <title>Consumer Price Index</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846418</link>
         <description><![CDATA[<div>A measurement on price level changes of a market basket of consumer goods and services by household purchases.</div>]]></description>
         <enclosure url="http://marketbusinessnews.com/wp-content/uploads/2015/07/Consumer-Price-Index-or-CPI-image-with-components-and-explanation.jpg" />
         <pubDate>2018-10-06 00:45:37 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846418</guid>
      </item>
      <item>
         <title>Fiscal Policy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846632</link>
         <description><![CDATA[<div>The government adjusts its spending levels and tax rates to monitor its nation economy.</div>]]></description>
         <enclosure url="https://content.indiainfoline.com/wc/news/pressrelease/Fiscal_Policy.gif" />
         <pubDate>2018-10-06 00:49:18 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846632</guid>
      </item>
      <item>
         <title>Monetary Policy</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846648</link>
         <description><![CDATA[<div>A policy that implies to banks to maintain liquidity </div>]]></description>
         <enclosure url="https://i.ytimg.com/vi/qgC5m47TM0I/maxresdefault.jpg" />
         <pubDate>2018-10-06 00:49:32 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846648</guid>
      </item>
      <item>
         <title>Business Cycle</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846662</link>
         <description><![CDATA[<div>Is the 4 stages of expansion of contraction of an economy.</div>]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/317317479/3676cbd6152f55b6a862d79932ccd8ae/what_is_the_business_cycle_3305912_v3_5b63492c46e0fb002c51d616.png" />
         <pubDate>2018-10-06 00:49:45 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289846662</guid>
      </item>
      <item>
         <title>Recession</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847413</link>
         <description><![CDATA[<div>Its the contraction of business cycle which means the economy has declined significantly.</div>]]></description>
         <enclosure url="http://buzznigeria.com/wp-content/uploads/2016/09/Recession.jpg" />
         <pubDate>2018-10-06 01:01:47 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847413</guid>
      </item>
      <item>
         <title>Depression</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847426</link>
         <description><![CDATA[<div>A severe decline in a nations economy.</div>]]></description>
         <enclosure url="https://fthmb.tqn.com/QxuvweoUdW47NU8QFPj5GHIoOks=/4794x3800/filters:fill(auto,1)/GettyImages-107808152-5744dc7d3df78c6bb04c8288.jpg" />
         <pubDate>2018-10-06 01:01:59 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847426</guid>
      </item>
      <item>
         <title>Federal Reserve</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847436</link>
         <description><![CDATA[<div>The Central Bank of the United States.</div>]]></description>
         <enclosure url="http://www.safesystems.com/wp-content/uploads/2013/12/Federal-Reserve-Seal-logo.png" />
         <pubDate>2018-10-06 01:02:08 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847436</guid>
      </item>
      <item>
         <title>Sole Proprietorship</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847445</link>
         <description><![CDATA[<div>Oneself owns and runs a business and is responsible for the business debts.</div>]]></description>
         <enclosure url="http://2.bp.blogspot.com/-DioFYyPMEDA/UaV6ptOHR3I/AAAAAAAAAu0/o3JOfVo1JaA/s1600/sole+proprietorship.JPG" />
         <pubDate>2018-10-06 01:02:20 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847445</guid>
      </item>
      <item>
         <title>Partnership</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847466</link>
         <description><![CDATA[<div>Two or more people decides to run a business and share its profits</div>]]></description>
         <enclosure url="http://evolllution.com/wp-content/uploads/2015/03/The-Ins-and-Outs-of-Vendor-Partnership.jpg" />
         <pubDate>2018-10-06 01:02:34 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289847466</guid>
      </item>
      <item>
         <title>Corporation</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849170</link>
         <description><![CDATA[<div>A company, group or organization authorized to act as a whole.</div>]]></description>
         <enclosure url="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Society.svg/1920px-Society.svg.png" />
         <pubDate>2018-10-06 01:25:10 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849170</guid>
      </item>
      <item>
         <title>Nonprofit Organizations</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849174</link>
         <description><![CDATA[<div>Organizations that doesn't pay income taxes on the money thy received. </div>]]></description>
         <enclosure url="https://essayshark.com/blog/wp-content/uploads/2014/12/non-profit2.jpg" />
         <pubDate>2018-10-06 01:25:19 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849174</guid>
      </item>
      <item>
         <title>Cooperatives</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849186</link>
         <description><![CDATA[<div>A private business that is owned and controlled by the people who uses its product, services and supplies.</div>]]></description>
         <enclosure url="https://coopseurope.coop/sites/default/files/Hands%20holding%20world.jpg" />
         <pubDate>2018-10-06 01:25:36 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849186</guid>
      </item>
      <item>
         <title>Banks</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849189</link>
         <description><![CDATA[<div>A financial establishment that invests money.</div>]]></description>
         <enclosure url="http://www.informationsecuritybuzz.com/wp-content/uploads/bank-malware.jpg" />
         <pubDate>2018-10-06 01:25:41 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849189</guid>
      </item>
      <item>
         <title>Labor union</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849218</link>
         <description><![CDATA[<div>An organization that is formed to protect and further their rights and interests.</div>]]></description>
         <enclosure url="https://fabiusmaximus.files.wordpress.com/2013/09/20130902-union-beg.jpg" />
         <pubDate>2018-10-06 01:26:06 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849218</guid>
      </item>
      <item>
         <title>Wall Street</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849234</link>
         <description><![CDATA[<div>A street located in lower Manhattan. Originated to the New York stock exchange </div>]]></description>
         <enclosure url="http://media3.s-nbcnews.com/j/newscms/2016_30/1645311/wall_street_2_49bb572aa5689ce49266266d54ded141.nbcnews-fp-1200-800.jpg" />
         <pubDate>2018-10-06 01:26:19 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289849234</guid>
      </item>
      <item>
         <title>Inflation</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850085</link>
         <description><![CDATA[<div>The right of general prices for goods and services is rising and unfortunately the purchasing powers are failing</div>]]></description>
         <enclosure url="http://www.uww.edu/images/library/blog/inflation.jpg" />
         <pubDate>2018-10-06 01:40:53 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850085</guid>
      </item>
      <item>
         <title>Equilibrium Price</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850094</link>
         <description><![CDATA[<div>The exact price at which market supply equal market demand.</div>]]></description>
         <enclosure url="http://mrkersey.org/images/equilibrium_price.gif" />
         <pubDate>2018-10-06 01:41:03 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850094</guid>
      </item>
      <item>
         <title>Interest Rates</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850114</link>
         <description><![CDATA[<div>The amount charged expressed in a percent sign.</div>]]></description>
         <enclosure url="http://blog.drivetime.com/wp-content/uploads/2015/10/Interest-Rates.jpg" />
         <pubDate>2018-10-06 01:41:20 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850114</guid>
      </item>
      <item>
         <title>Elasticity</title>
         <author>aridow5941</author>
         <link>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850128</link>
         <description><![CDATA[<div>A measure of a variables sensitivity to modify into another variable.</div>]]></description>
         <enclosure url="https://raymondpronk.files.wordpress.com/2016/02/elasticity.gif" />
         <pubDate>2018-10-06 01:41:35 UTC</pubDate>
         <guid>https://padlet.com/aridow5941/oyze20gg1u1r/wish/289850128</guid>
      </item>
   </channel>
</rss>
