Economics Review

Tools we use to make products

• capital resources
• human resources
• natural resources
• entrepreneurs

A person who buys goods and services

• consumer
• entrepreneur
• resource
• currency

Tags

CCSS.RI.6.2

CCSS.RL.6.2

CCSS.RI.5.2

CCSS.RL.6.1

CCSS.RL.5.1

The using up of a resource

• scarcity
• supply
• services
• consumption

How much people want something

• supply
• demand

The making, buying and selling of goods and services

• economics
• inflation
• market
• barter

Something we pay for that we can touch

• goods
• services

People who work to make goods or provide services

• human resources
• capital resources
• natural resources
• entrepreneurs

Something we use from nature

• natural resource
• human resource
• capital resource
• entrepreneur

Something we use

• resource
• scarcity
• demand
• supply

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

• scarcity
• supply
• demand
• inflation