Econom issues

Cards (5)

  • (Unemployment) individuals who are actively seeking a job but are unable to find job
  • (Inflation) it is an increase in the prices of goods and services.
  • (Low income mobility) refers to the limited ability to individuals or families to move up the economic ladder overtime.
  • (Low income high in dept) A financial situation where individuals or households have limited income but carry substantial amount of dept.
  • (Power monopoly) occurs when a company or a small group of companies control everything about a certain product or service in an area.