Relier Pairs Economics MatchingVersion en ligne Match the vocabulary word to its definition par Kathleen Flynn 1 2 3 4 5 6 7 8 9 10 scarcity - when many people want to buy a product that is in low supply Property- items own by individuals or private businesses Supply - amount of product available Private enterprise (idea for a business) Profit - amount of money leftover after all expenses of doing business have been paid. Resources - natural materials (including animals and humans) that can be used by people. Economics - the study of how people (and nations) choose to spend their resources to meet their needs and wants Competition - when businesses try to win the customer Demand - the amount of people that want to purchase a product. Consumer - people that buy goods and services