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People who use resources to make goods and/or provide services
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
Virginia specializes in what?
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
The people of Mali traded gold for salt with other people. This is an example of
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
The next best choice that is given up when a decision is made
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
Food, air, shelter, and water
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
Virginia is known for shipbuilding. This is known as
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
People working to produce goods or services
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
Soil is an example of a
opportunity cost
shipbuilding and mining coal
specialization
interdependence
human resource
producers
needs
natural resource
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