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17 Cards in this Set
- Front
- Back
Poverty |
Being poor |
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Prejudice |
An unfair feeling of hatred or dislike for a group of people because of their background, race, or religion |
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Motto |
A saying chosen to express the ideals of a nation |
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Population density |
Tells how many people live in an area of a certain size |
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Patriotism |
Love of your country |
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Monument |
Something that is built to remind people of the past or a past event |
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Democracy |
A form of government in which the people rule by making decisions themselves and electing leaders to make decisions for them |
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Majority rule |
Decisions made by what or who has the most votes |
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Human resources |
Workers |
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Capital resources |
The money, buildings, machines and tools needed to run a business |
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Profit |
The money the business earns after everything is paid for |
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Interest |
The money a bank or borrower pays for the use of money |
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Wholesale trade |
Made up of businesses that buy large amounts of goods from producers and then sale them to other businesses |
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Retail trade |
Made up of businesses that buy goods and sell them directly to consumers |
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Global economy |
The world market in which companies from different countries buy and sell goods and services |
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Trade-off |
Giving up one thing to get another |
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Opportunity cost |
What you give up in order to get something else |