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