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20 Cards in this Set

  • Front
  • Back
Economics
the study of the production, distribution and consumption of goods and services
Economic System
how a society organizes the production, distribution and consumption of goods and services
Affirm
to validate and express commitment to something
Anglophone
a person whose first language is English
Assimilate
become part of a different cultural group
Autonomy
authority to make decisions
Bias
an opinion based on unchallenged assumptions
Biodiversity
the number and variety of plant and animal species on Earth, including genetic variation within individual species
Boycott
a decision by consumers to stop buying a product or service as a way to bring about change
Climate Change
a rise in the average temperature of Earth, primarily caused by emissions from burning fossil fuels, such as coal, oil and natural gas
Collective rights
rights guaranteed to specific groups in Canadian society for historical and contitutional reasons. These groups are: Aboriginal peoples, including First Nations, Metis and Inuit; and Francophones and Anglophones
Community service
help in the community performed as part of a sentence, such as assisting with a community clean-up or food bank
Competition
in economics, rivalry among producers to sell products to consumers
Constitution
a special set of laws that establish a framework of governance
Consumerism
an economic theory that link prosperity to consumer demand for goods and services, and that makes consumer behaviour central to economic decision making
Consumers
those who use products and services
Demand
the wants and needs of consumers for products and services
Economy
the resources and processes involved in the production, distribution and consumption of goods and services
Ethnocentrism
the belief that one's culture is superior to all other cultures
Fair and Equitable
governed by rules that apply to eceryone, taking into account individual needs and circumstances