the money left over after a business pays all their expenses
profit
a list of ten amendments added to the Constitution
Bill of Rights
people who buy or use goods and services
consumers
the elements needed to create goods
factors of production
list the four factors of production
natural resources
capital resources
labor resources
entrepreneurs
a country where all people are treated fairly by the government and private institutions
equal opportunity
the love for one's country
patriotism
a political system where ordinary people have a strong say in how they are governed
democracy
the spread of ideas and technology throughout the world
globalization
an economy system in which business owners decide what to sell and at what price to sell their goods or services
free enterprise
Which factor of production is the raw materials used to make the goods?
natural resources
Which factor of production is the machines, factories, and supplies needed?
capital resources
Which factor of production is the business owners?
entrepreneurs
Which factor of production is the workers?
labor resources
What do you call when price and availability are affected by how much comsumers are willing to pay for an item and how much sellers decide to charge for it?
supply and demand
Which branch of government makes the laws?
Legislative Branch
Which branch of government enforces the laws and is headed by the President?
Executive Branch
Which branch makes sure the laws are fair according to the constitution?
Judicial Branch
Why have people immigrated to the United States?
better jobs, educational opportunities, war, natural disasters, discrimination, persecution
What were some of the accomplishments of the Anasazi?