1
Productive resources; human and natural resources and capital goods
2
The human and natural resources and capital goods used to produce goods and services
3
Items that are found in nature that are used to produce goods and services.
4
Tangible items that will be consumed by industrial users
5
The benefit that is lost when you decide to use scarce resources for one purpose rather than for another
6
People. In economics, they are valued for the physical and mental work that they do to produce goods and services.
7
Tangible items produced for personal use
8
All of the manufactured or constructed items that are used to produce goods and services
9
A marketing/business function that is responsible for moving, storing, locating, and/or transferring ownership of goods and services
10
Desires for items that can only be obtained by spending money
11
The process of deciding which goods and services will be purchased or provided so that the most satisfaction can be obtained;
12
The process or activity of using goods and services
13
The economic process or activity of producing goods and services
14
Giving up all or a part of one thing in order to get something else
15
The study of how to meet unlimited, competing wants with limited resources
16
The people who make or provide goods and services.
17
The process of trading one good/service for another
18
A condition resulting from the gap between unlimited wants for goods and services and limited resources
19
A desire for something that may or may not be required
20
Anyone who uses goods and services
21
Usefulness; capable of satisfying wants and needs.
22
Tangible objects that can be manufactured or produced for resale
23
A desire for something that may or may not be required
