_______ are things that we’d like to have, but

that aren’t necessary for survival.

________occurs when there are not enough

resource to meet the needs and wants

of humans.

A ________ is someone like you;

A ________ is something

that you can use or consume, like food, CDs, books, a car, or clothes.

A _________ is something that someone does for you,

like give you a haircut, fix you dinner, or even teach you

social studies.

________ is how

much of something consumers want.

A _________ is someone who creates goods and services

to sell to the consumers.

_________ is how much of

something is available.

________ is when you have more supply than is demanded.

________ is when you have less supply than is demanded.

_______ is the benefits you perceive to get from

choosing one thing over another.

The_____________ of a choice is what you gave up to get it.

If you have two choices

__________ is the process of concentrating on and

becoming expert in a particular skill.

We have become dependent on others to meet our needs and wants.

Buying

and selling things like toys is called ___________

When one country buys

something from another country, it's called an ________

When a country sells something to another country, it's

called an ________

______ means “to move” or “to carry.”

"Im-" means ______

"Ex-" means ______

____________ is the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.