Economics Review

Front

A person who uses or buys a good or service

Back

consumer

Front

The type of money that a country uses to buy or trade things.

Back

currency

Front

People’s willingness to buy goods or services.

Back

demands

Front

Whatever you have to give up getting what you want or need.

Back

opportunity cost

Front

A person who makes a good or produces a service.

Back

producer

Front

When there’s not enough of something you need or want.

Back

scarcity

Front

Something people do for other people for money.

Back

service

Front

Something people buy that you can hold or touch.

Back

good

Front

Things we use to satisfy our wants and needs.

Back

resources

Front

Products and services business provide.

Back

supply