Economics

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  • Created by: Jack
  • Created on: 29-11-12 10:25
Personal life cycle
Key stages in life, childhood, adolecense, young adult, adult and pensioner
1 of 6
Tax credit
A state benefit paid to employees though a tax system, which asts like a negative tax
2 of 6
Tax allowence
Sums deducted from total income before income tax is calculated
3 of 6
Scarcity
Resources are limeted compared with our need and wants
4 of 6
Choice
Deciding between options because recources are limeted
5 of 6
Resources
Land, capital, labour and enterprise
6 of 6

Other cards in this set

Card 2

Front

A state benefit paid to employees though a tax system, which asts like a negative tax

Back

Tax credit

Card 3

Front

Sums deducted from total income before income tax is calculated

Back

Preview of the back of card 3

Card 4

Front

Resources are limeted compared with our need and wants

Back

Preview of the back of card 4

Card 5

Front

Deciding between options because recources are limeted

Back

Preview of the back of card 5
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