Intro to economics

Front

Which of the following is NOT a natural resource? Oil, Water, Car, Air

Back

Car

Front

The making, buying and selling of goods and services

Back

economics

Front

Individuals who come up with a new idea for a good or service, then they make it a reality

Back

entrepreneur

Front

Something we use from nature

Back

natural resource

Front

How much people want something

Back

demand

Front

What does scarcity mean?
Example: Over-fishing can result in a scarcity of a type of fish.

Back

not enough resources

Front

Economics is the study of economies, or, how people in a society get...

Back

products and services

Front

Capital refers to...

Back

the tools, equipment, and factories used in production of goods and services

Front

A herd of cattle is an example of ...

Back

Land

Front

Forests are examples of...

Back

Land