Relacionar Columnas 6th Grade EconomicsVersión en línea MCPS - Grade 6 Economic Words. por Marny McGee 1 Supply 2 Market Economy 3 Mixed 4 Specialization 5 Money Currency 6 Command Economy 7 Capital Resources 8 Interdependence 9 Demand 10 Market 11 Human Resources 12 Natural Resources 13 Economic Resources 14 Scarcity The amount of a good or resource available. How much people want a good or service. People focus on producing a few things instead of making everything they want by themselves. 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. Goods made and used to produce other goods and services. A system in which individuals and businesses make most of the major decisions about production and distribution of goods and services 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. resources are limited A material source of wealth that is provided by nature and has economic value. The human, natural and capital resources people use to produce goods and services The government owns most businesses and makes most economic decisions The people who make up the workforce of an organization, business sector, or economy.