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Home Page Flashcards GED Economics Lesson 1 Basic Economic Terms - Flashcards

GED Economics Lesson 1 Basic Economic Terms – Flashcards

Mary Browning
8 July 2022

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question
things that can produce income
answer
capital
question
the work of human beings
answer
labor
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something sold for profit
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goods and services
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networks for buying and selling goods and services
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markets
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how prices are determined in a market system
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supply and demand
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US economy for example
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free markey economy
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the amount of goods one hgas for sale
answer
inventory
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Question
What is the right structure for an essay
Answer
A paragraph is a related group of sentences that develops one main idea. Each paragraph in the body of the essay should contain:
  • a topic sentence that states the main or controlling idea
  • supporting sentences to explain and develop the point you’re making
  • evidence from your reading or an example from the subject area that supports your point
  • analysis of the implication/significance/impact of the evidence finished off with a critical conclusion you have drawn from the evidence.