•Command economies can provide economic security • Command economies also have the ability to adjust rapidly to changing circumstances. The Soviet Union’s economy, for example, failed. In this PDF, we’ll list vocabulary words for the Listening, Reading, Writing, and Speaking sections. Resume Key Word List Below is a list of key words for functional areas or industries. We’ll also look at structure vocabulary: transitions, introductory words, words that describe quantity or change, and so on. Basics are very important to become a master of any subject and these books help you greatly in building your basics. Finance, Accounting & Auditing Accounts Payable Accounts Receivable Asset Disposition Asset Management Asset Purchase Economic Development Reference Guide Acknowledgements Verizon Verizon's mission is to open doors for economic development and to build relationships and partnerships that help create and retain jobs in Verizon communities. Ex. Incorporate these terms into your resume to demonstrate your familiarity with a particular industry, function, or field to a potential employer. Below is a list of topics in the study of economics. Determine whether each topic is in the area of microeconomics (“Micro”) or macroeconomics (“Macro”). Use a colored pencil to shade the word in one of the bottom boxes that means the opposite of the word in the top box. 1. purchase 2. reduce sell s pend diminish increase 3. surplus 4. consumer extra deficit producer buyer 5. labor management worker B . Whether it is an explanation of how firms work, or people vote, or customers buy, or governments subsidise, economists have examined evidence and produced theories which can be checked against practice. Read each pair of wor ds. Within each of the four sections of the PDF, we’ll look at vocabulary words that deal with different topics. _____ 1.02 CATEGORIZATION The big picture. Learn More » A. New jobs are the lifeblood of any thriving region and can ensure economic health and prosperity for years to come. For each number, read the three words. With these recognized limitations, the incomplete In five or fewer words, what is economics? Economics is the basis of our daily lives, even if we do not always realise it. Micro Macro How an individual decides which brand of cereal to buy 1. Job They have the ability to shift resources away from one industry to another if needed. IEW Handouts Collection If you misplaced your copy of any of these given in class, please help yourself to another copy here: • On the other hand, command economies have not in practice tended to work out very well. Economic impact estimates completed over the past 20 years vary in their coverage of subsets of economic sectors and depend on a large number of assumptions, many of which are disputable, and many estimates do not account for catastrophic changes, tipping points, and many other factors. 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