Economics

The exchange of goods or services without the use of money is called....

• scarcity

• productivity

• barter

• purchase

Materials that come directly from nature are called....

• Human Resources

• Natural Resources

• Capital Resources

A person who buys or uses goods or services is called a

• Producer

• Human

• Consumer

Goods made by people and used to produce other goods and services (The tools needed to do a job)

• Natural Resource

• Human Resource

• Capital Resource

A person who uses resources to make goods or provide services

• Consumer

• Producer

• Human

Not being able to meet all the wants at the same time because resources are limited is called

• Scarcity

• Barter

• Goods

A person who works to produce goods and services

• Natural Resource

• Capital Resource

• Human Resource

Coal, soil, and rocks are

• Natural Resources

• Capital Resources

• Human Resources

A tractor, pitchfork and rake are ________________resources.

• Natural Resources

• Capital Resources

• Human Resources

A teacher, doctor and farmer are examples of a

• Natural Resource

• Capital Resource

• Human Resource