Economics Review

A person who uses or buys a good or service

• consumer

• currency

• producer

• demands

The type of money that a country uses to buy or trade things.

• goods

• resources

• opportunity cost

• currency

People’s willingness to buy goods or services.

• opportunity cost

• demands

• consumer

• supply

Whatever you have to give up getting what you want or need..

• demand

• scarsity

• opportunity cost

• currency

A person who makes a good or produces a service.

• producer

• service

• supply

• consumer

When there’s not enough of something you need or want.

• supply

• opportunity cost

• demand

• scarcity

Something people do for other people for money.

• service

• good

• producer

• consumer

Something people buy that you can hold or touch.

• service

• good

• currency

• resources

Things we use to satisfy our wants and needs.

• supply

• service

• resources

• currency

Products and services business provide.

• producer

• supply

• consumer

• good