Matching Pairs EconomicsOnline version World Studies by Andrea Kelleher 1 Specilization 2 Goods 3 Scarcity 4 Natural resource 5 Price 6 Economic Resources 7 Value 8 Human resource 9 Market 10 Supply 11 Interdependence 12 Capital Resource 13 Services 14 Demand worth of a good or service what the buyer and seller agreee on for an exchange human, natural and captial resources used to produce a good or service goods made by people andused to produce other goods and services gifts of nature that can be used to produce goods or services a place or system that allows buyers and sellers to exchange goods and services focusing on producing specific goods or providing specific services the amount of a reource, good or service available Work or duties performed for another person resources are limited people, businesses and nations depend on goods and services of others to satisfy wants and needs they can't satisfy on their own Products that people buy people doing physical or mental work to produce goods or services how much people want a good or service at a certain time