Economics Assessment

Front

The person who makes goods and services available to satisfy others wants and needs.

Back

Producer

Front

Goods and services that a person does not have to have in order to survive.

Back

wants

Front

Humans needed to help make a product or help provide a service

Back

human resources

Front

a person who comes up with an original idea for a new item that will make money.

Back

entrepreneur

Front

economic activities that satisfy consumer wants and needs.

Back

services

Front

resources such as tools and equipment that must be bought to help produce goods.

Back

capital resources

Front

resources found in nature that are needed to make a product.

Back

natural resources

Front

a plan for spending and saving income on various resources

Back

budget

Front

talents, training, and skills of people which are used in producing goods and services

Back

labor

Front

the science of how people use resources to satisfy wants and needs

Back

economics