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What are goods?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What are services?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What are wants?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What are needs?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What are natural resources?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What is economics?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What are entrepreneurs?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
What is scarcity?
Things that people have to have to survive
the study of how people choose to use thier limited resources to produce goods and services
people who start their own business
things found in nature
products that people use
Things that people desire, but do not need
activities that people do for other people
When people want more than they can have
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