| Scarcity | | Rising prices |
| Capital | | Roads, ports, utilities and telecommunications |
| Wholesale | | Measures change in wholesales prices |
| Depression | | Private ownership and free competition |
| Retail | | People who work in the economy |
| Entrepreneurship | | Selling government owned businesses to private firms |
| CPI | | Measures Goods and Services that are produced |
| Cost | | Many social services are provided by the government |
| Unemployment | | The cost of producing and shipping goods |
| Recession | | Money needed to start and operate a business |
| Labor | | Economy with little to no government involvement |
| Capitalism | | People willing to risk money and time to run a business |
| Inflation | | Period of economic slowdown |
| Command | | Economy where government controls production choices |
| Market | | The price that stores pay for goods |
| GDP | | The price that customers pay for goods |
| Privatization | | Rate that displays the % of people not working |
| Resources | | Difference between resources and needs plus wants |
| PPI | | All the things used in producing goods |
| Communism | | Measures the change in prices of goods |
| Infrastructure | | The way a nation makes economic choices |
| Land | | A prolonged recession |
| Economy | | Government contols all aspects of economy |
| Socialism | | Earth and everthing connect to it |