Activity
Understanding Prosperity Through Government Roles and Freedom of Speech Glossary
Founding Principles
Directions
| Term | Definition | In My Words… | Image |
| Prosperity | Includes money, possessions, opportunities available, your health and wellness, how others treat you, and the freedom to make your own decisions. | ||
| Economy | The system through which scarce goods and services are dispersed based off of supply and demand | ||
| Supply | Amount of a product or service a producer or seller would be willing and able to sell over a range of prices at any given time | ||
| Demand | Combination of quantities that people are willing and able to buy over a range of prices at any given time | ||
| Market | The means by which goods, services, and ideas are exchanged |