Term
|
Definition
| The study of production,consumption, and transfer of wealth. |
|
|
Term
|
Definition
| how a country manages its money,goods and services, and recourses. |
|
|
Term
|
Definition
| Items that you need to survive. |
|
|
Term
|
Definition
| items that are "extra" that you don't actually need to survive. |
|
|
Term
|
Definition
| things that come from nature. |
|
|
Term
|
Definition
| things that come from nature {water,trees,air} |
|
|
Term
|
Definition
| people doing work to produce goods and services.{Bakers,teachers,doctors.} |
|
|
Term
|
Definition
| Goods made by people and used to to make other goods or to provide services.{hammers,pencils,computers,tools,machines,desks.} |
|
|
Term
|
Definition
| Any object a person wants or needs to survive. |
|
|
Term
|
Definition
| Are actions, such as haircuts and bottle repairs. |
|
|