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22 Cards in this Set

  • Front
  • Back
Society

- the aggregate of people living together in a more or less ordered community
Affluent

- (especially of a group or area) having a great deal of money; wealthy.

Standard

- a level of quality or attainment; quality grade

Reeds

- a tall, slender leaved plant of the grass family that grows in water or on marshy ground
Condominiums

- A building or complex of buildings containing a number of individually owned apartments or houses.
Homeland security

- is an American term for '' the national effort to ensure a homeland that is safe, secure and resilient against terrorism and other hazards.
Resources

- a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.
Managerial

- relating to management or managers, especially of a company or similar organization.
Mineral deposits

- A mineral is a naturally occurring chemical compound. A ______ is a natural concentration of minerals in the earth's crust.
Blunt

- ( of a person or remark) uncompromisingly forthright; straightforward

Scarce

- ( especially of food, money, or some other resource) insufficient for the demand.
Unyielding

- ( of a person or their behavior) unlikely to be swayed; resolute; stiff; immovable
Underlies

- ( especially of a layer of rock or soil) lie or be situated under (something); be the cause or basis of (something).
Economics

- is the social science concerned with how individuals, institutions, and society make optimal( best) choices under conditions of scarcity

Economic perspective

- a viewpoint that envisions individuals and institutions making rational decisions by comparing the marginal benefits and marginal costs associated with their actions.
Envision

- imagine as a future possibility; visualize.
Marginal

- ( chiefly of cost or benefits) relating to or resulting from small or unit changes.
Rational

- based on or in accordance with reason or logic
Institutions

- a society or organization founded for a religious, educational, social, or similar purpose; school; college; center; foundation.
Opportunity Cost

- The amount of other products that must be forgone or sacrificed to produce a unit of a product.
Forgone


- omit or decline to take( something pleasant or valuable); go without


- refrain from