Question | Answer |
making, buying, or selling something that people need or want | economics
|
a person who uses and buys goods and services2 | consumer2
| a person who makes goods or provides a service3 | producer3
| things you buy4 | goods4
| a job a person provides and is paid for5 | services5
| materials that come from nature6 | natural resources6
| goods made by people used to make other goods and services7 | capital resources7
| people working to produce goods and services8 | humanresources8
| focus on a single product or service9 | specialization9
| people dependent on each other10 | interdependence10
| the choice given up11 | opportunity cost11
| exchanging goods and services without using money12 | barter12
| a lack of resources13 | scarcity13
| how much there is of goods and services14 | supply14
| how much the goods and services are needed15 | demand15 |