Natural resource
Scarcity
Interdependence
Market
Services
Supply
Economic Resources
Goods
Demand
Price
Value
Human resource
Capital Resource
Specilization
Products that people buy
resources are limited
what the buyer and seller agreee on for an exchange
gifts of nature that can be used to produce goods or services
goods made by people andused to produce other goods and services
focusing on producing specific goods or providing specific services
worth of a good or service
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
how much people want a good or service at a certain time
a place or system that allows buyers and sellers to exchange goods and services
people doing physical or mental work to produce goods or services
human, natural and captial resources used to produce a good or service