Economic Concepts

are real items, such as cars, clothing, and computers.

are things people do or work done by people for other people, such as waitressing, a teacher, or a doctor.

are the people who buy or use goods and services.

• Human Resources

• Producers

• Consumers

• Goods

________ are the people or business that make or provide the goods or services.

• Natural Resources

• Goods

• Producers

Give 4 examples of Natural Resources.

Give 4 examples of Human Resources.

Give 4 examples of Capital Goods.

____________ is someone who starts a business.

• Entrepreneurs
• Human Resources

• Capital Goods

• Consumers