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Upswing is:

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A period of temporary economic decline during which trade and industrial activity are reduced

A period of significant output within a population. The period is marked by productivity increases, sales increase, wage increases and rising demand

A recovery period in the trade cycle

A reduction in the overall level of economic or business activity

none

What is a Primary Product?

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Goods or services that are required

A product that comes out of a production process in addition to the main product.

Natural raw materials that come from the land or ocean. They include products of mining, agriculture, forestry and fisheries

Goods or services that are not necessary but that we desire or wish for.

none

A Downswing is:

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A period of temporary economic decline during which trade and industrial activity are reduced

A recovery period in the trade cycle

A period of significant output within a population. The period is marked by productivity increases, sales increase, wage increases and rising demand

A reduction in the overall level of economic or business activity

none

The Judiciary Arm

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This is the law making section of government

This is the law administering (carrying-out) section of government

his is the law adjudicating (judging) section of government

none

What is a Boom?

Select the correct answer(s).  

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A reduction in the overall level of economic or business activity

A period of temporary economic decline during which trade and industrial activity are reduced

A period of significant output within a population. The period is marked by productivity increases, sales increase, wage increases and rising demand

A recovery period in the trade cycle

none

What is Interest?

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Goods that are produced in your own country and are shipped to another country for sale

A formal and Organised Choice by vote of a person for a political office

A period of significant output within a population. The period is marked by productivity increases, sales increase, wage increases and rising demand

The amount charged, expressed as a percentage, by a lender to a borrower for the use of assets

none

What is a republic?

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A formal and Organised Choice by vote of a person for a political office

A state in which power is held by the people and their elected representatives

A reduction in the overall level of economic or business activity

A form of government with a monarch at the head

none

What is a Democracy?

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The Queens representative in Australia

A formal and Organised Choice by vote of a person for a political office

A system of government by the whole population or all the eligible members of a state, typically through elected representatives

Is one of the two houses of the Australian Federal Parliament. It shares the power to make laws with the other House of Parliament

none

The Legislative Arm

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This is the law adjudicating (judging) section of government

This is the law making section of government and the people elect its members.

This is the law administering (carrying-out) section of government.

none

What is an Import?

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Goods and services that are bought by residents of a country but are made outside of that country

A recovery period in the trade cycle

Goods that are produced in your own country and are shipped to another country for sale

A formal and Organised Choice by vote of a person for a political office

none

The Executive Arm

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This is the law making section of government

This is the law adjudicating (judging) section of government

This is the law administering (carrying-out) section of government

none

Three Arms of Government

Match the text (click and drag)   

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Check Order Of Answers

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Match the Text
1
2
3

Click and drag
Executive
Legislative
Judiciary

Check Order of Answers

none

Senate:

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Is one of the two houses of the Australian Federal Parliament. It shares the power to make laws with the other House of Parliament

A formal and Organised Choice by vote of a person for a political office

A period of temporary economic decline during which trade and industrial activity are reduced

Is The Queens representative in Australia

none

Recession is:

Select the correct answer(s).  

(0/0)

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A period of significant output within a population. The period is marked by productivity increases, sales increase, wage increases and rising demand

A reduction in the overall level of economic or business activity

A period of temporary economic decline during which trade and industrial activity are reduced

A recovery period in the trade cycle