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| Choice that individual make to satisfy their needa |
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| The individual companies and makets in a economy |
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| This being a big idea all together unemployment |
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| There are the sellers of the consumers |
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| Physical objects that can be purcahsed |
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| Actions or activities that are performed for a fee . Laywrr |
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| Natural resources human resources capital and entrepreneur |
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| Items in nature used to produce goods such as pil |
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| Any human efforts toward production workers assembly line |
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| Building machinery used in production factories |
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| Barter money credit and value |
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| Allows us to use items before completing payments |
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| Developments in region of the world influence another region |
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| Exchange one groups for another without money |
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| Relies on government official called central planners gov has no say |
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| Authoritarian socialism capitalism democratic socialism |
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| Individuals owns the factor of production and answer the basic economies |
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| Gov owns some of the factory of production individuals have influence |
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| A system under which business can be conducted freely with little gov .. Ind choices .. Self interest |
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| Freedom efficiency equity security stability |
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