Unit 9 Economics

A ____ exists when a corporation buys up all companies that provide its capital goods. 

_______ is the study of economic decision making of countries and entire industries. 

A _________ economy is based on customs, religion and belief systems. 

Going to the doctor for a check is an example of a(n) _________.

In the __ type of competition, there are many producers of goods. Entry/exit in market is easy.

Choosing to have grilled chicken over pork chops for dinner is an example of:

In the _______ type of competition, businesses are not trying to make money. 

In which type of business is it most easy to raise money?

Cash registers, shelves, and computers are all examples of the ______ factor of production. 

___________ is the idea that we have unlimited wants and limited resources. 

Which factor of production is known as the human factor?

The United States has a _________ economy.