A situation in which people cannot have everything they want because of limited resources.

The effort to increase the well-being of people through charitable giving.

members of a town, city, county, state, or county. Citizens have certain rights and responsibility.

a model of the movement of goods, services, resources, and money in a economy

the amount of money an employee earns BEFORE any taxes or other deductions are subtracted

merchandise and skills offered in markets for a price

a system in which economic decisions are made in markets by people and businesses, with little government influence.

a person who uses resources to start a business

the amount of money an employee receives AFTER taxes and other deductions are taken from a paycheck.

the people and things needed to produce goods and services

the money that is left over after a business pays all its costs

payments that citizens and businesses are required to make to a government to pay for public goods and services

a form of government in which ultimate power lies with the people, who exercise that power directly or through elected representatives

an organization developed to increase the well-being of others in certain areas, such as education, religion, health, and other good causes

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