Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
7 Cards in this Set
- Front
- Back
|
What are natural Resources?
|
Materials supplied by nature, then used by people
|
|
|
What are goods and services?
|
Goods are physical items for sale:merchandise,products, and items. A service is an action that benifits others.
|
|
|
What is an apprentice?
|
a person who is learning an art or skill on the job.
|
|
|
What is unemployment insurance?
|
a program providing those who are involentarilly out of work with compensation until work is found.
|
|
|
What is FICA?
|
the only tax paid by both employer and employee, that goes to medicare, and social security.
|
|
|
What are variable expences?
|
day to day and flexible expences.
|
|
|
What is free enterprise?
|
the ability to buy or sell any product at anytime
|
