Unit 1

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Adding Value
Business activity aims to add value. (raw materials - produced)
1 of 7
Aggregate demand
measure of all the spending in the economy
2 of 7
Assertion
a claim that is not supported by evidence
3 of 7
Assets
things that are useful or valuable are assets
4 of 7
autocratic
if someone has and uses dictatorial power
5 of 7
bank loan
a fixed amount borrowed from the bank
6 of 7
brand
names on product ladles]
7 of 7

Other cards in this set

Card 2

Front

Aggregate demand

Back

measure of all the spending in the economy

Card 3

Front

Assertion

Back

Preview of the front of card 3

Card 4

Front

Assets

Back

Preview of the front of card 4

Card 5

Front

autocratic

Back

Preview of the front of card 5
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