Items that can be seen and touched.
Actions provided by other people.
Ability to make economic decisions without interference from the government.
Making the most of society's resources.
Seeking to give everyone their share of society's wealth.
Providing the less fortunate with support they need.
A condition in which the goods and services people rely on are available when they want them.
When an economy produces more and better goods and services.
A method a country uses for production and distribution and consumption.
A system that relies on customs, history, and time-honored beliefs.
A system where individuals own and control all means of production
A system where the government determines what to make, sell and the prices.
A system where individuals can control production privately or by the government.
A minimum required quantity of a product.
Government payment to encourage or protect a certain economic activity.
A Country has the ability to produce more and better goods and services which leads to an improved standard of living. Their main economic goal is…
Taxes on imported products.
A country wants to provide the less fortunate with the support they need to live decently. Their main economic goal is…
A wants to make their own economic decisions without interference from the government. Their main economic goal is…
A country wants to make the most of its resources. Their main economic goal is…
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