Economics

Front

Trading something for something else - no currency involved

Back

barter

Front

Tools we use to make products: capital resources, human resources, natural resources, entrepreneurs

Back

capital resources

Front

A person who buys goods and services

Back

consumer

Front

another word for money

Back

currency

Front

How much people want something

Back

demand

Front

The making, buying and selling of goods and services

Back

economics

Front

Individuals who come up with a new idea for a good or service, then they make it a reality

Back

entrepreneur

Front

The resources required to make a product (good or service)

Back

four factors of production

Front

Something we pay for that we can touch

Back

goods

Front

A general increase in prices

Back

inflation