Capital Resource
Interdependence
Market
Economic Resources
Price
Supply
Natural resource
Scarcity
Value
Demand
Goods
Services
Human resource
Specilization
goods made by people andused to produce other goods and services
people doing physical or mental work to produce goods or services
resources are limited
focusing on producing specific goods or providing specific services
worth of a good or service
what the buyer and seller agreee on for an exchange
Products that people buy
how much people want a good or service at a certain time
human, natural and captial resources used to produce a good or service
a place or system that allows buyers and sellers to exchange goods and services
gifts of nature that can be used to produce goods or services
people, businesses and nations depend on goods and services of others to satisfy wants and needs they can't satisfy on their own
Work or duties performed for another person
the amount of a reource, good or service available
