Economics

Front

_____________ are things that people make or use to satisfy their needs and wants.

Back

Goods

Front

________________ are activities that satisfy people’s needs and wants.

Back

Services

Front

_______________ resources are materials that come from nature.

Back

Natural

Front

______________ resources are people working to produce goods or provide services.

Back

Human

Front

The term used when there is not enough of something to go around is __________________.

Back

scarcity

Front

What type of resources are these? capital, natural, nautical, human

Back

natural

Front

These are examples of ________________ resources.

Back

human

Front

Trading something for something else - no currency involved

Back

barter

Front

The using up of a resource

Back

consumption

Front

another word for money

Back

currency