Relacionar Columnas 6th Grade EconomicsVersión en línea MCPS - Grade 6 Economic Words. por Marny McGee 1 Specialization 2 Command Economy 3 Human Resources 4 Demand 5 Market Economy 6 Scarcity 7 Supply 8 Market 9 Capital Resources 10 Natural Resources 11 Interdependence 12 Money Currency 13 Mixed 14 Economic Resources The human, natural and capital resources people use to produce goods and services A system in which individuals and businesses make most of the major decisions about production and distribution of goods and services Any place or system that allows buyers and sellers to exchange goods and services. A material source of wealth that is provided by nature and has economic value. The government owns most businesses and makes most economic decisions The people who make up the workforce of an organization, business sector, or economy. How much people want a good or service. People focus on producing a few things instead of making everything they want by themselves. A medium of exchange used to buy and sell resources, goods, or services that has a standardized value and can be stored for future use. resources are limited Goods made and used to produce other goods and services. The amount of a good or resource available. People, businesses, and nations depend on the goods and services of others to satisfy the wants they cannot satisfy on their own. A system in which economic decisions are made by individuals, businesses, and government.
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