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Basic Economic Content

Economic Vocabulary

Goods and Services

Role of Government

Bartering and Money

Scarcity

Basic Economic Questions

Supply and Demand

Opportunity Costs

Production

Consumption

Characteristics of Economic Systems

Free Market vs. Command Economy

Comparison

Banking--Saving and Investing

 

This page last updated on 06/25/00.

Dr. Cynthia Sparks is the Supervisor of Social Studies for Chesapeake Public Schools.  She is also an Adjunct Faculty member for the University of Virginia, Troy State University, and Old Dominion University.