Mixed Economy

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Entrepreneur

Back

A person who starts a business.

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Gross National Product

Back

How much money that a country makes.

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Consumers

Back

A person who buys a product or good.

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Producers

Back

Someone who makes a good or service.

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Standard of Living

Back

1. the degree of wealth and material comfort available to a person or community.

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Human Capital

Back

Where they invest in people and it includes education, training, and skills of workers.

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Capital Goods

Back

1. goods that are used in producing other goods, rather than being bought by consumers. Often contrasted with consumer goods