Home > Blossary: Basic Economy
It serves those who have just studied economy because it includes basic terms that they need to know and understand the economy world. It is really useful.

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32 Terms

Created by: Fatima

Number of Blossarys: 1

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System of crop cultivation using small amounts of labour and capital in relation to area of land being farmed.

Domain: Economy; Category: Economics

System of cultivation using large amounts of labour and capital relative to land area.

Domain: Economy; Category: Economics

A common concept in economics, and gives rise to derived concepts such as consumer debt.

Domain: Economy; Category: Economics

Any commodities or services used to produce goods and services.

Domain: Economy; Category: Economics

It occurs naturally within environments that exist relatively undisturbed by mankind, in a natural form.

Domain: Economy; Category: Economics

The act of supplying a desired output.

Domain: Economy; Category: Economics

The assets which an economy may have available to supply and produce goods and services to meet the ever-changing needs and wants of individuals and society.

Domain: Economy; Category: Economics

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