3rd Econ Vocab Words

How much of something is available for people to buy:

How many people want or need something:

When the supply of a good or service is more than the demand:

When there is more demand for something than supply:

The value of what you give up when you make a choice:

Focusing on making one product or service to sell or trade:

When people depend on each other to provide products that meet needs and wants:

When you buy, sell, or exchange a good or service for something you want or need:

Goods brought in from other countries:

Goods sent out to other countries: