Shared Flashcard Set

Details

Title

practicre cards

Description

n/a

Total Cards

Subject

Economics

Level

7th Grade

Created

04/01/2012

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Additional Economics Flashcards

Term

taxes

Definition

money that the government gets from citizens to pay for things such as roads, buildings, parks, highways, ect.

Term

business cycle

Definition

economy-wide fluctuations in production or economic activity over several months or years.

Term

"ups"

Definition

when an economy is doing well.

Term

"downs"

Definition

when an economy is doing poorly.