Belleville High SchoolEconomics Social Studies Starters

Economics – Social Studies Starters

Peremptory: not giving someone an opportunity to show why they should not comply.

Week 1 Monday

Tenacity: Persistent in maintaining, adhering to, or seeking something valued or desired

Week 1 Tuesday

Economics – Social Studies Starters

Acute: Marked intellectual perception especially of subtle distinctions.

Week 1 Wednesday

Economics – Social Studies Starters

Instill: To impart or teach gradually over a period of time

Week 1 Thursday

Economics – Social Studies Starters

Yield: (in Econ) the amount of money that can be expected to be made from an investment.

Week 1 Friday

Economics – Social Studies Starters

Anticipate: To give advance thought, discussion, or treatment

Week 2 Monday

Economics – Social Studies Starters

Approximate: Located close together; nearly correct or exact

Week 2 Tuesday

Economics – Social Studies Starters

Mediocre: Of moderate or low quality, value, ability, or performance

Week 2 Wednesday

Economics – Social Studies Starters

Irascible: Marked by hot temper and easily provoked anger.

Week 2 Thursday

Economics – Social Studies Starters

Travesty: To make a feeble or ridiculous imitation

Week 2 Friday

Economics – Social Studies Starters

Incentives--Something that elicits a predictable behavior.

Week 3 Monday

Consumer--One that utilizes economic goods

Week 3 Tuesday

Factors of production--The resources people have for producing goods and services to satisfy their wants.

Week 3 Wednesday

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Distributor--One that markets a commodity; a wholesaler

Week 3 Thursday

Supply--The act or process of filling a want or need. Also: the amount of a good/service available.

Week 3 Friday

VOCAB LEGEND

X = REDO

W = Weak, wont happen again

K = not the worst I have ever seen

CHECK SYMBOL = good

PERFECT = PERFECT

\

Ostracize: To exile or exclude from a group by common consent

Week 4 Monday

Economics – Social Studies Starters

Superfluous: Exceeding what is sufficient or necessary; not needed

Week 4 Tuesday

Economics – Social Studies Starters

Opulent: Showing in great wealth. Amply or plentifully provided for. Having a large estate or property

Week 4 Wednesday

Economics – Social Studies Starters

Repudiation: Refusing to have anything to do with; to reject as unauthorized or as having no binding force

Week 4 Thursday

Economics – Social Studies Starters

Lucrative--Producing wealth; Profitable.

Week 4 Friday

Unit 2 Journal # 1 (goes in binder)

Using complete sentences (at LEAST 5):

What would YOU like to learn about in economics that will be useful to YOU?

Obtuse--Lacking sharpness of sensibility or intellect; difficult to comprehend; not clear or precise in thought or expression

Week 5 Monday

Subservient--Useful in an inferior capacity; serving to promote some end, subordinate Week 5 Tuesday

Staunch--To check or stop the flowing of; to stop up

Week 5 Wednesday

Conducive--Tending to promote or assist

Week 5 Thursday

Capitalism--An economic system characterized by private or corporate ownership of capital goods, by investments, prices, production, and distribution of goods

Week 5 Friday

Consumer--One that purchases and utilizes economic goods and services

Week 6 Monday

Census--A count of the population and a property evaluation; a periodic governmental count of population

Week 6 Tuesday

Factors of production--The resources people have for producing goods and services to satisfy their wants.

Week 6 Wednesday

Distributor--One that markets a commodity; a wholesaler

Week 6 Thursday

Distribution--To divide among several or many; the marketing or merchandising of commodities

Week 6 Friday

Corporation--A body formed and authorized by law to act as a single person although constituted by one or more persons.

Week 7 Monday

Costs--The amount or equivalent paid or charged for something; the outlay or expenditure made to achieve an object

Week 7 Tuesday

Deflation--A contraction in the volume of available money or credit that results in a general decline in prices

Week 7 Wednesday

Earning--To receive as return for work done or services rendered; to bring in by way of return

Week 7 Thursday

Excise tax--A charge on certain goods, such as alcoholic beverages, gasoline, and tobacco products.

Week 7 Friday

Incentives--Something that incites or has a tendency to incite a specific action

Week 8 Monday

Monetary policy--Regulation of the money supply by the Federal Reserve System

Week 8 Tuesday

Fees--A fixed charge; a sum paid or charged for a service

Week 8 Wednesday

Fiscal policy--A government’s decision about the amount of money it spends and the amount of money it collects in taxes.

Week 8 Thursday

Foreign policy--Plans for guiding military and economic help to other nations.

Week 8 Friday

Supply--The act or process of filling a want or need

Week 9 Monday

Imports--To bring from a foreign or external source; to bring merchandise into a place or country from another country.

Week 9 Tuesday

Demand--Willingness and ability to purchase a commodity or service; the quantity wanted at a specified price and time

Week 9 Wednesday

Investment--The outlay of money usually for income or profit; the sum invested or the property purchased

Week 9 Thursday

Market--The course of commercial activity by which the exchange of commodities is effected; the available supply of or potential demand for specified goods or services

Week 9 Friday

Surpluses--The amount that remains when use or need is satisfied; an excess of receipts over disbursements

Week 10 Monday

Income tax--A tax on the net income of an individual or a business

Week 10 Tuesday

Loss--Failure to gain, win, obtain, or utilize; When the cost of something exceeds its selling price

Week 10 Wednesday

Opportunity Cost--Benefit given up when scarce resources are used for one purpose instead of the next best purpose.

Week 10 Thursday

Ownership--The state, relation, or fact of having to hold as property; to have power or mastery over

Week 10 Friday

Price--Amount of money given or set as consideration for the sale of a specified thing

Week 11 Monday

Producers--one that grows agricultural products or manufactures materials into articles of use

Week 11 Tuesday

Profit--The excess of returns over expenditure in a transaction or series of transactions

Week 11 Wednesday

Property taxes--A tax on land or buildings

Week 11 Thursday

Rebate--A return of a part of a payment

Week 11 Friday

Sales tax--Tax levied on the sale of goods & services that is usually a percentage of the purchase price and collected by the seller

Week 12 Monday

Shortages--Lack or deficit

Week 12 Tuesday

Subsidy--A grant by a government to a private person or company to assist an enterprise deemed advantageous to the public

Week 12 Wednesday

Processes--A series of actions or operations conducing to an end; a continuous operation or treatment especially in manufacture

Week 12 Thursday

Big government – a negative term, used to describe government programs in areas where it is believed government should not be involved

Week 12 Friday

Authority – the power to enforce laws, exact obedience, command, determine, or judge; one that is invested with this power

Week 13 Monday

Bipartisan – a cooperative effort by two political parties

Week 13 Tuesday

Citizenship--The status of being a native or

naturalized person who owes allegiance to a

government and is entitled to protection from it

Week 13 Wednesday

City council--The legislative body of a city

Week 13 Thursday

Boom – a time of economic progress

Week 13 Friday

Week 14 Monday

Candidate – a person seeking an office, prize, or honor

County--The largest territorial division for local government within a state

of the United States

Week 14 Tuesday

Brief – a condensation or an abstract of a larger document or series of documents

Week 14 Wednesday

Campaign – an organized effort to win an election; to strive for elected office

Week 14 Thursday

Caucus – an informal meeting of local party members to discuss candidates and choose delegates to the party’s convention

Week 14 Friday

Candidate – a person seeking an office, prize, or honor

Week 15 Monday

Caucus – an informal meeting of local party members to discuss candidates and choose delegates to the party’s convention

Week 15 Tuesday

Civil disobedience – refusal to obey civil laws in order to induce governmental change, characterized by nonviolence

Week 15 Wednesday

Civil liberties – fundamental individual rights, such as freedom of speech and religion, protected by law against unwarranted governmental or other interference

Week 15 Thursday

Coattails – the power of a popular candidate to gather support for other candidates in his or her party; winning candidates are said to have coattails when they drag candidates for lower office along with them to victory

Week 15 Friday

Commerce – the buying and selling of goods

Week 16 Monday

Common good – good for everyone

Week 16 Tuesday

Conflict – to be in opposition with someone or something.

Week 16 Wednesday

Constituency – the body of voters represented by a specific elected official

Week 16 Thursday

Covenant – a binding agreement

Week 16 Friday