Economics Vocabulary

Materials found in nature that are used to make goods or provide services.

• capital resources

• goods

• natural resources

• services

Items that consumers purchase; something that can be touched.

• goods

• capital resources

• productive services

• services

The natural, capital, and human resources used to make a good or provide a service.

• capital resources

• natural resources

• productive resources

• goods

Something consumers pay to have done for them.

• services

• natural resources

• goods

• capital resources

Includes the money, tools, buildings, machinery, and other goods needed to start a business to make goods or provide services.

• natural resources

• goods

• services

• capital resources

If you want to start your own business to make goods or provide services, you will need ____, like money, tools, buildings, machinery, and other goods.

• services

• productive resources

• capital resources

• goods

Consumers purchase ____, which are items that can be physically touched.

• goods

• capital resources

• services

• productive resources

____ are found in nature and are used to make goods or provide services.

• Capital resources

• Natural resources

• Goods

• Productive resources

A consumer can purchase a ____ when they want to have it done for them.

• goods

• capital resource

• service

• natural resource

You will need ____ like natural, capital, and human resources, if you want to make a good or provide a service.

• goods

• natural resources

• services

• productive resources