________ are resources supplied by nature, such as ores, trees, and land.

________ are the talents and skills of individuals that contribute to production.

________ are human-made materials needed for production, including buildings, machinery, and tools.

________ is a person who organizes and manages a business, taking on risks.

________ is the maker of goods using productive resources.

________ is an individual who buys and/or uses goods and services.

_______ is the limited availability of resources that many individuals desire.

________ is the value of the next best alternative that is forgone when making a decision.

________ is the amount of an item produced for sale.

________ is the number of consumers willing and able to buy an item.

________ are payments received by households, businesses, and governments over a period.

________ is total revenue minus total costs of production for a business.

________ are goods and services purchased from other countries.

________ are goods and services sold to other countries.

________ is the process of making large amounts of goods.

________ is an economic system where individuals can own and operate their own businesses.

________ is the exchange of goods, services, and resources between buyers and sellers.

________ is focusing on producing a limited range of products.

________ is a situation where countries rely on each other to meet needs and wants.

________ is the rivalry between companies to attract more business.