Picture Vocab by Samuel Hanson https://padlet.com/hansons3/wf53zyln0pxj Made with panache en-us 2019-02-25 14:38:05 UTC 2025-12-03 10:54:01 UTC hello@padlet.com Speed-to-market hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334867014 Rate at which new products move from conception to commercialization.
Companies with good speed-to-market have lots of new items flying off the conveyor belt.

]]> 2019-02-25 14:40:08 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334867014 Macroeconomics hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334868913 Study of a country's overall economic dynamic.
The macroeconomics of larger countries is much more diverse than smaller countries.]]> 2019-02-25 14:43:04 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334868913 Microeconomics hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334868976 Study of smaller economic units.
Microeconomics.
Microeconomics studies smaller, economic dynamics.]]> 2019-02-25 14:43:09 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334868976 Demographics hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334871942 Measurable characteristics of a population.
The demographics of the United States major cities are drastically different.]]> 2019-02-25 14:47:38 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334871942 Free Trade hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334873339 Movement designed to help goods and services flow freely across international borders.
In some countries, free trade is restricted.

]]> 2019-02-25 14:49:30 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334873339 Monopolistic hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334876745 Many competitors selling differentiated products.
There are numerous brands that sell cookies, they are monopolistic.]]> 2019-02-25 14:54:23 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334876745 Oligopoly hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334877373 Handful of competitors selling products that can be similar or different.
Cell phone services are Oligopoly.

]]> 2019-02-25 14:55:19 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334877373 Natural Monopoly hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334878695 Arises when a single supplier is more efficient than multiple, competing ones.
Having a natural monopoly just happens when you're better than the rest.]]> 2019-02-25 14:57:08 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334878695 Privatization hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334879010 Process of converting government-owned businesses to private ownership.

]]> 2019-02-25 14:57:40 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334879010 Hyperinflation hansons3 https://padlet.com/hansons3/wf53zyln0pxj/wish/334879891 Average monthly inflation rate of more than 50%.
Hyperinflation is terrible for the local currency.]]> 2019-02-25 14:59:05 UTC https://padlet.com/hansons3/wf53zyln0pxj/wish/334879891