Human made resources: market, community, profit, capital
Economics - Biztown

Flashcard
•
Social Studies
•
5th Grade
•
Hard
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40 questions
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1.
FLASHCARD QUESTION
Front
Back
capital
2.
FLASHCARD QUESTION
Front
A system to buy and sell goods, services, and resources
Back
market
3.
FLASHCARD QUESTION
Front
People not being able to have everything they want due to limited resources
Back
scarcity
4.
FLASHCARD QUESTION
Front
A place where people live, work, trade, and share
Back
community
5.
FLASHCARD QUESTION
Front
An organization or task
Back
enterprise
6.
FLASHCARD QUESTION
Front
A model for the movement of goods, services, resources, and money in an economy
Back
circular flow
7.
FLASHCARD QUESTION
Front
Money that is leftover after all costs are covered
Back
profit
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