________________ are collected to help operate the government and better society.

Land, labor, and _______________are three factors of production

A production possibilities graph can show the effects of industrialization on the environment.

Any intersection of points inside the line (to the left of the line) on a production possibilities graph shows that the economy is not growing.

Choosing one product over another due to resources being limited is called...

Consumers will be able to purchase products at the lowest possible price due to...

In free market economies, the people own most of the factors of production.

In a circular flow of money of a mixed economy, the _______________ puts money into the economy by purchasing goods and services that are needed to run the government and help society.

Producers take the money they earn from selling products and use it to buy the things they want and need. This describes a ________________ economy

When there is a _________________, producers raise the price of the good so that demand will be lowered.

______________ is one redistribution program.

The _____________________ conducts check clearing services for all banks in the country

_______________ polices involve increasing spending and cutting taxes.

When a market is in _________________ , the quantity demanded and the quantity supplied is equal.

When the quantity demanded for a good is ________________, it means the demand for the product is not influenced by price changes.

The law of _____________ states prices increases, demand decreases and vice versa.

The law of _____________ states prices increases, supply increases and vice versa.

Price in the market is determined by _________________.

Which of the following protects Americans economic rights?

_________________is important because we can not provide all that we need to survive on our own.

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