Supply and Demand

Front

A person who buys goods and services

Back

consumer

Front

The using up of a resource

Back

consumption

Front

Money

Back

Currency

Front

How much people want something

Back

demand

Front

The making, buying and selling of goods and services

Back

economics

Front

Something we pay for that we can touch

Back

goods

Front

A general increase in prices

Back

inflation

Front

Something we use

Back

resource

Front

The idea that resources are limited; we don't have an unlimited supply of what we want.

Back

scarcity

Front

Something we pay to use for a certain amount of time

Back

services