More Economics Vocab

Match it! Select the correct answer from the pull down...Good luck!

materials that come from nature (water, soil, wood, coal)

Goods made by people and used to produce other goods and services (hammers, computers, trucks, lawn mowers, machines, factory buildings)

True Free Market Economies Exist

Communism/Socialism/Dictatorships are associated with

Coins, paper bills, and checks used to buy basic needs and wants (used in exchange for goods and services)

The United States/Canada/Australia have

A person or business that supplies goods and/or services

a person who uses goods and services Example: A consumer uses clothes by wearing them