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Economic Interdependence Flashcards | StudBud
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Economic Interdependence
Economic Interdependence
11 terms
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Questions
11
Answers
1
in T.A.L.L the last L stands for what
Lines
Labor
Labels
Lack
2
What is a Secondary Sector
A finished or semi finished good
Rely on other Businesses
Selling of a good
Making of a good
3
Effects on producers when there is a decrease in supply
Decrease in income
More raw materials
More goods available for purchase
Less raw Materials
4
has the unemployment rate increased
Maybe
No clue
No
Yes
5
What does P mean in PETROL CC
please
Political
place
6
the Demand Curve the right when
Increase in income
Cost of productivity
Decrease in income
Decrease in post of complements
7
what is a primary sector
Selling of a good
A semi finnished good
A extraction or harvesting of natural resources
Two Business relying on each other
8
What is Interdependence
Rely on one other or mutual reliance
Profit Maximisation
Making of a good
Helping people
9
what does TOADS stand for
Tree, Oath, About, Dam and Sail
Title, Origin, Axes, Draw to scale and Supply curve labelled
10
What is a household
A family spending less
Family spending more
a family
A gr of consumer of all goods and services
11
What is a Tertiary Sector
Producers are selling goods and services
A goal
A meat works
Investment
