Economics Flashcard #2

Front

A person who buys and uses goods and services

Back

consumer

Front

Items we must have in order to live

Back

needs

Front

Items we would like to have, but do not need

Back

wants

Front

An action that a person does for someone else

Back

services

Front

something that a person will use or consume

Back

goods

Front

A person or company who makes goods or provides services

Back

producer