Social Studies Chapter 3

an amount that is more than is needed

• capital good

• diversity

• human resource

• surplus

a resource made by humans

• capital good

• diversity

• human resource

• immigrant

the talents and skills of workers needed to produce a good or provide a service

• capital good

• diversity

• human resource

• immigrant

variety

• capital good

• diversity

• human resource

• surplus

someone who comes to a new country to live

• capital good

• diversity

• human resource

• immigrant

something that attracts people to a new place

• entrepreneur

• opportunity cost

• pull factor

• push factor

doing work for someone else that fills a need or want

• entrepreneur

• opportunity cost

• push factor

• service

the value of a choice given up when resources are used for one purpose instead of another

• entrepreneur

• opportunity cost

• pull factor

• push factor

something that causes someone to leave a place

• entrepreneur

• opportunity cost

• pull factor

• push factor

a person who risks money to start a new business

• entrepreneur

• opportunity cost

• pull factor

• service