anything necessary for survival is considered a

something not necessary for survival but add comfort and pleasure to your life

economic resources are also called...

God promises us in Phillipians 4:19 that He will supply all our wants

The United States economy has more service jobs than goods jobs

The vehicle that transports christmas trees for the lumber company is considered which type of resource?

the tuna that starkist(the canning company) cans would be considered a _________________ resource

what is the contest between businesses to win customers?

sending surveys to fellow students about their demand for your product

any commercial activity that seeks profit by providing goods and services to others in exchange for money

The 4 P's of the Marketing Mix are Product, ___________, Place, and _______________

Which of the following is not one of the 3 economic questions every nation must answer?

Which of the following is not an element of a market economy?

be prepared to give an explanation of the good and bad of both a market economy and a command economy

most nations of the world fall somewhere between a pure market and a pure command economy

nations that are moving from a command economy to a market economy are called...

In a ________________ economy, freedom of the people is always limited

a command economy generally gives people more freedom than a market economy

Profit Margin is found by diving profit by ____________

Which of the following is NOT a good indicator of how well a country is performing economically?

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