Services
Economic Resources
Natural resource
Goods
Supply
Price
Demand
Capital Resource
Interdependence
Value
Scarcity
Specilization
Market
Human resource
people doing physical or mental work to produce goods or services
Work or duties performed for another person
gifts of nature that can be used to produce goods or services
worth of a good or service
the amount of a reource, good or service available
how much people want a good or service at a certain time
Products that people buy
a place or system that allows buyers and sellers to exchange goods and services
what the buyer and seller agreee on for an exchange
focusing on producing specific goods or providing specific services
goods made by people andused to produce other goods and services
people, businesses and nations depend on goods and services of others to satisfy wants and needs they can't satisfy on their own
human, natural and captial resources used to produce a good or service
resources are limited