Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/8

Click to flip

8 Cards in this Set

  • Front
  • Back
economy
a system for producing, distributing, consuming, and owning goods, services, and wealth
Goods
products that are made to be sold; cars, baskets, computers, and paper are all examples of goods.
services
work done or duties performed for other people, such as the work of a doctor, or a television repair man.
consumer
a person who buys goods and services.
government
the system that establishes and enforces the laws and institutions of a society. Some governments are controlled by a few people and others are controlled by many.
monarchy
a system of government headed by a monarch - usually a king or queen - who inherits the throne by birth
constitutions
a set of laws that defines and limits a government's power.
dictator
a ruler who has complete power over a country.