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Decks in this class (41)
Chapter 2 Vocab
Define barter 1,
Define biodiversity 2,
Define business cycle 3
28
cards
2.2 The Five-Sector Circular flow model
2.2.1 The consumer business sectors
2.2.2 The financial sector
2.2.3 The government sector
2.2.4 The overseas sector
44
cards
2.3 The interdependence between different sectors of an economy
2.3.1 The role of the government protecting consumers
2.3.2 The role of the financial sector in facilitating business investment
6
cards
2.4 The business cycle
2.4.1 Phases of the business cycle
2.4.2 Recessions - too little spending
2.4.3 Booms - too much spending
17
cards
2.5 The price mechanism and the interaction of demand and supply within a market
2.5.1 Demand
2.5.2 Supply
2.5.3 The price mechanism
18
cards
2.7 What is a market?
List the types of markets 1,
Examples of retail market 2,
Examples of operations of the lab...
5
cards
2.10 Reasons for government intervention in the market
List reasons why the government w...,
How does the government reduce en...,
Examples of how the government re...
4
cards
2.11 Different types of businesses
2.11.1 Online businesses
2.11.2 On-Demand businesses
2.11.3 Small and Large businesses
2.11.4 Global businesses
2.11.5 Offshore businesses
2.11.6 Government businesses
2.11.7 Not-for-profit businesses
22
cards
Economic Issues: Inflation
Inflation
RBA Intervention
Types of Inflation: Demand Pull
Types of Inflation: Cost Push
Types of Inflation: Imported Inflation
Interest Rates
Effects of Rising Interest Rates
Exchange Rates
27
cards
Chapter 4 Vocab
Define absolute majority 1,
Define access 2,
Define adversatial system 3
31
cards
4.2 Reasons for Laws
421 define rules 1,
421 define laws 2,
421 identify who creates laws 3
19
cards
4.3 Values, Morals and Ethics
Identify where people develop the...,
What is an example of people gett...,
Identify what societies moral and...
5
cards
4.4 Australia's Court System
Identify the relationship between...,
Define hierarchy 2,
Identify why each court becomes e...
33
cards
4.5 The Role of Court Personnel
Identify the name of the method o...,
Identify what the adversarial sys...,
Identify the shared goal of court...
26
cards
4.6 The role and selection of juries
What percentage of cases are juri...,
Jurors must be able to 2,
Who is exempt from jury duty 3
7
cards
4.7 How laws are made: common law
Other words for common law 1,
Why does common law law occur 2,
Where do records of common law de...
4
cards
4.8 How laws are made: statue law
Which type of law will succeed ov...,
In what situation can the high co...,
What are other names for the word...
4
cards
4.9 How a bill becomes a law
What is step one when making laws 1,
What is step two when making laws 2,
What is step three when making la...
8
cards
4.8 Types of law
What are the two branches of law 1,
How many classifications of law a...,
What are the four classifications...
14
cards
4.11 Civil law
Civil law allows ___ to 1,
Two main areas of civil law 2,
Law of tort includes 3
13
cards
4.12 Criminal Law
What is crime 1,
List some serious crimes 2,
What is an indictable offence 3
5
cards
4.13 Customary law
What is circle sentencing 1,
What was the first piece of austr...
2
cards
4.15 Accessing the law
Barriers to justice 1,
How is cost a barrier to justice 2,
How are procedures a barrier to j...
3
cards
4.17 The three levels of government
What are the 3 levels of governme...,
What is the local government act 2,
Which house if the upper house 3
15
cards
4.18 Why do laws change?
0
cards
4.19 Political action
0
cards
4.20 Referendums
0
cards
4.21 Participating in a democratic process
0
cards
4.22 Voting in the democratic process
0
cards
4.23 Rights and responsibilities in the democratic processes
0
cards
4.24 Role and function of political parties
0
cards
4.25 The inner workings of Australia's government
0
cards
4.26 Separation of Powers
0
cards
Chapter 7 Vocab
Define advertising 1,
Define corporate social responsab...,
Define customised approach 3
19
cards
7.2 The selling process
List the factors that differentia...,
Blank 2
2
cards
7.3 Nature of product promotion
0
cards
7.4 Targeting customers
0
cards
7.5 Legal and ethical issues arising from particular product promotion
0
cards
7.6 Selling techniques
0
cards
7.7 The effectiveness of selling techniques used for a particular product or service
0
cards
7.11 Review
0
cards
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