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More cards in this set
Card 6
Front
What are capital goods?
Back
Card 7
Front
What is labour-intensive production?
Back
Card 8
Front
What is capital-intensive production?
Back
Card 9
Front
What is the free market/capitalist economy?
Back
Card 10
Front
What is the command/centrally planned economy?
Back
Card 11
Front
What is the concept of opportunity cost?
Back
Card 12
Front
What happens when someone chooses one use?
Back
Card 13
Front
What are economic goods?
Back
Card 14
Front
What do economic goods include?
Back
Card 15
Front
How do economic goods have an opportunity cost?
Back
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