-
The economics is a science that studies the . . . behaviour as the relation between the purpose and the limited means that have alternatives applications
-
The economics is a science that studies the human behaviour as the relation between the purpose and the . . . means that have alternatives applications
-
The scarcity implies that . . . enough resources to produce enough to cover all the needs
-
The scarcity implies that there are not enough resources to produce enough to . . . all the needs
-
The scarcity also implies that all the society's . . . can not be met at the same time, so it must follow a priority politics
-
The . . . concept is applicated to everything useful
-
Useful means everything that has capacity to . . . human's needs
-
Human societies have . . . the politics to decide the priorities and the way to satisfy them
-
The . . . are the persons or groups who make an economic activity.
-
The economic agents are: . . ., firms and public sector
-
The households make the decisions about what to consume and they have the most of the . . .
-
The public sector is formed by the different . . .
-
The public sector takes part in the economy by making laws that regulate the way that the other economic agents . . . when they go to the market
-
The . . . takes part in the economy by offering, at a lower price or for free, goods and services that the society things that it must be able to receive all the population
-
The public sector takes part in the economy by offering, at a lower price or for free, goods and services that the society things that it must be able to . . . all the population
-
The opportunity cost is what an agent loses when he makes a . . .
-
The more we spend in national security to protect our coasts from the foreign aggressors (. . .), the less we'll spend in personal goods to improve the standard of living in our country (butter)
-
The more we spend in national security to protect our coasts from the foreign aggressors (cannons), the less we'll spend in personal goods to improve the standard of living in our country (. . .)
-
The legislation that forces the . . . to reduce the pollution raises the cost to produce goods and services
-
The legislation that forces the firms to reduce the pollution raises the cost to . . . goods and services
-
Higher costs can create lower company . . ., lower salaries, higher prices or all the three things at the same time
-
The . . . is the group of productive factors or technologies' combinations that reach the highest production
-
The Production Possibility Frontier (PPF) is the group of productive factors or technologies' combinations that reach the . . . production
-
The Production Possibility Frontier (PPF) reflects the highest good and services' amounts that a society can . . . in a fixed time period and with ones production's factors and ones given technological knowledge
-
The situations that can be given in a country's productive structure are: inefficient productive structure, . . . productive structure and unattainable productive structure
-
A country with a rate of unemployment above . . .%, will always itself find in inefficient productive structure, because there is unused available labor
-
In the . . . productive structure there are no idle resources and the best technology is utilized
-
The unattainable productive structure is located over the . . .
-
The Production Possibility Frontier (PPF) is concave and . . .
-
The . . . is concave because the opportunity cost is increasing
-
The Production Possibility Frontier (PPF) is . . ., this is, the unattainable points can be reached.
-
The displacement of the Production Possiblity Frontier (PPF) can be due to technological improvements, an . . . in capital, an increase of workers or the discovery of new natural resources
-
The barter or exchange is to . . . or to sell by using a product or service instead of money as a exchange money
-
The barter or exchange is to . . . or to sell without use cash money
-
The first sedentary communities of human beings knew . . . and shepherding, they lived longer than their nomadic ancestors and they enjoyed better security
-
Appearance of coins.- New products brought new needs that were impossible to satisfy in an . . . society
-
Bartering began with the need to exchange what is owned for what is needed. although, on occasion, many . . . exchanges were necessary to satisfy needs
-
The coins initially, were . . .
-
The . . . used the barter or exchange as the basis of their commercial system
-
Civilitations have adopted several goods as money (gold, . . ., other metals or minerals, wheat, bars of tea in China, etc.)
-
The first historical signs that we have of money shaped as a coin in the West are those of the . . .
-
The states started to issue . . . and coins that gave right to the bearer to exchange them for gold or silver from the country's reserves
-
The states started to issue notes and coins that gave right to the bearer to exchange them for gold or silver from the country's . . .
-
Between . . . and the 1st World War the Gold Standard was mainly adopted
-
With the Gold . . . any citizen could convert the paper money into an equivalent amount of gold
-
Between World Wars countries tried to return to the Gold Standard, but the economic situation and the crisis of . . . ended the ability for an individual to convert notes to gold
-
In the Bretton Woods' Agreements was established that all the currencies would be converted in U.S. dollars and only the . . . would be convertible in gold bars at 35 dollars per ounce for the foreign governments
-
By 1971 the USA's expansive fiscal politics cause the abundance of . . .
-
In . . . of 1971, the president of the United States, Richard Nixon, suspended on his own the dollar conversion to gold and devalued the dollar by 10%
-
In December of 1971, the president of the United States, Richard Nixon, suspended on his own the dollar conversion to gold and devalued the dollar by . . .%
-
The monetary authorities and the Central Banks don't try to defend any particular level of . . . rate, but they take part in the exchange market
-
The monetary authorities and the Central Banks they take part in the exchange market with the objective of avoiding situations like . . ., that destroy the value money leading to less of trust or deflation.
-
In capitalism capital dominates over . . . as a element of production and creator of wealth
-
In . . . the ownership of the means of production is private
-
. . . enterprise exists in capitalism
-
The founding fathers of . . . are John Locke, Juan de Mariana, Adam Smith and Benjamin Franklin
-
. . . thinking, in economics, holds that the government's role must to be reduced as much as possible.
-
The most prominent contemporary representatives scholars for the Chicago school of economics are . . . and Milton Friedman
-
John Maynar Keynes holds that the State can increase the effective demand by avoiding the cyclical . . .
-
In the . . . the market didn't send signals because this didn't exist (false market)
-
The . . . is inspired by Marxist theory
-
The centralice planning economy appeared after the . . . War
-
The . . . War happened in the first months after the October Revolution and the appearance of the first Soviet Republics
-
The centralice planning economy got worse with Stalin and his followers, when the . . . was born, with the so-called one-country politics
-
The centralice planning economy was extended after the 2nd World War for all The East Europe and many . . . countries, under the Soviet Union and the Komintern
-
In the case of the . . ., it had to assign a huge amount of its budget to maintain the army and the war technology in its Cold War with the USA.
-
Nowdays . . . and the East countries go toward a Market Economy
-
. . . is trying to defend the centralized economic system by making some reforms or concessions in strategic sectors, like tourism, to the market economy, prevailing abroad
-
The andalusian economy, like the spanish economy, has a . . . economic system wiht a lot of importance placed on the market economy