Fill in the Blanks DIBM_U3_Economics_W7_Activity 2Online version Fill the blanks with the key words. by Dimuthu Thammitage 1 capital production limited land social four consumption Economics is the study of how society uses its resources . Economics is a science that deals with the , distribution , and of goods and services . Economics focuses heavily on the factors of production , which are , labor , , and enterprise . These are the four ingredients that make up economic activity in our world today and can each be studied individually .