Economics - Unit 1 -Intro. to Economics

A book is an example of what kind of good?

The main goal of any private business selling a good or service is

A product business plan is an essential part of being an entrepreneur

It has been argued by your teacher that the discipline of economics is dependent on what factor?

Learning how to critically analyze a reading is something that cannot be touched...

Your high school is considered to be what type of property

Most all economies are tied in with each other, for better of worse, because of this phenomenon?

Three of those for questions from the last Quiz question are examples of what?

Any good that is owned by an individual or a business

This type of economy is neither purely capitalist or socialist

Karl Marx

Marketing is not important when starting a business

Happiness in economics is called...

When an economy produces too many goods. We have an economic

The reason why Mr. Stein loves buying retro Js is an example of what type of economics?

A condition in which our wants are greater than the resources available...

The story of the Broken Window is an example of...

3 of the 4 examples in the previous question are examples of economic...

Henry Hazlitt has a lesson to teach us in chapter one, what is it?

Unhappines in economics is called...

This type of economy is based on customs, traditions, and cultural beliefs

Lying about company earnings in a stock report is an example of

Also known as the Free Market

Adam Smith

What does not belong?

A special talent that some people have for searching out and taking advantage of new business opportunities

An adverse side effect of an act that is felt by others.

What does not belong?