Social Studies Vocabulary - Nevada
E
- Economic Institutions:
- The formal and informal structures which guide or characterize economic activity in a society.
- Employment:
- The condition of working for pay.
- Enlightenment:
- A 17th and 18th century movement emphasizing the significance of reason and scientific inquiry.
- Entrepreneur:
- An individual who organizes a production process so as to creatively combine resources to produce a good or service.
- Enumerated:
- Those powers specifically expressed in the U.S. Constitution.
- Equator:
- An imaginary line at zero degrees latitude.
- Ethnic/ethnicity:
- Of or relating to a sizable group of people sharing a common and distinctive racial, national, religious, linguistic, or
cultural heritage.
- Exchange Rate(s):
- The price of one country's currency in terms of another country's currency.
- Export(s):
- A good or service produced domestically and sold abroad.
- Externality (externalities):
- A positive effect (benefit) or a negative effect (cost) generated by an activity that affects people who do not
participate in the activity. Such as: benefits from immunization programs, accruing to those not immunized, or health care costs from
industrial pollution, borne by the general public who did not pollute.