
Economic Concepts Flashcards
Flashcard
•
Mathematics
•
3rd Grade
•
Hard
Annaleah Johnson
FREE Resource
Student preview

11 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Human Resources
Back
are people who work to provide goods and services.
2.
FLASHCARD QUESTION
Front
Barter
Back
The exchange of goods and services without the use of money.
3.
FLASHCARD QUESTION
Front
Producer
Back
A person who uses resources to make goods and/or provide services.
4.
FLASHCARD QUESTION
Front
Opportunity Cost
Back
The next best choice (one that is given up).
5.
FLASHCARD QUESTION
Front
Natural Resources
Back
Materials that come directly from nature.
6.
FLASHCARD QUESTION
Front
Services
Back
Activities that satisfy people’s needs and wants.
7.
FLASHCARD QUESTION
Front
Capital Resources
Back
are goods made by people that are then used to produce other goods.
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