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| How people and Societies use limted Resurces to satisfy their unlimted Wants |
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| Something Tangle and of Valve |
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| One who buys goods and services for personal Use |
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| People Who Effort and skills go into the droduction of goods and services |
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Material Obtained from the land and sea and Air
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| Machines tools and building that we use to produce goods and services |
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Someone who creates New Bussinesses or improves a exising one. Example Pdiddy |
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| Cost in term of Foregone Alternatvies |
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| What how and who decided by central authority usually government . During cold war. Commanel econmies that government. |
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| Persons Career is determined by birth. Men Learn From fathers woman take of children. Typical Found in South America |
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| What and how are answered by consumers and businesses. Govement plays a less important role. Buyers consumers votes by shopping. Us is in this Market |
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| Something that is provide and of Value |
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