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year 10 eco

This class was created by Brainscape user Hamish Anderson. Visit their profile to learn more about the creator.

By: Hamish Anderson
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Decks in this class (9)

General terms and Denfinitions
Define needs,
What happens if needs are not met,
What are wants
12  cards
Resources
What are free goods,
What are economic goods,
How are economic are allocated
33  cards
Demand
What is demand,
What is the definition of demand,
What is willing and able mean
7  cards
Supply
Definition of supply,
Definition of supply schedule,
Definition of supply graph
5  cards
Market
What is the definition of market,
How can you exchange goods and se...,
What is market equilibrium
6  cards
Business structures
What are 2 advantages of a company,
What are the 2 advantages of a pa...,
What are the 2 advantages of a so...
8  cards
Consumer law
0  cards
Fair trading act
What is puffery,
What does the fair trading act cover,
What does the fair trading act no...
12  cards
Consumer Guarantee Act
Name the rights of a consumer,
Name the rights of a producer,
Name the obligations of a consumer
7  cards

More about
year 10 eco

  • Class purpose General learning

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