6.2 The Economic Climate

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  • Created by: Howwise
  • Created on: 13-03-19 22:05
The number of people at work.
Level of employment
1 of 10
The number of people out of work.​
Unemployment
2 of 10
The measure of the amount of goods and services produced in a country.
Gross Domestic Product
3 of 10
The rate at which the economy grows.
Economic growth
4 of 10
This is when the GDP of a country falls.
Recession
5 of 10
The amount of money consumers receive from work and from assets.
Consumer income
6 of 10
The amount of money people receive from work
Income
7 of 10
People who buy goods and services.
customers
8 of 10
How income is shared amongst different people in the community
Distribution of income
9 of 10
This refers to what is happening to income and employment in different parts of the world.
International Economic Climate.
10 of 10

Other cards in this set

Card 2

Front

The number of people out of work.​

Back

Unemployment

Card 3

Front

The measure of the amount of goods and services produced in a country.

Back

Preview of the front of card 3

Card 4

Front

The rate at which the economy grows.

Back

Preview of the front of card 4

Card 5

Front

This is when the GDP of a country falls.

Back

Preview of the front of card 5
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