Economics Review

Front

What is the study of the way goods and services are made and used?

Back

economics

Front

A person who makes goods or provides services

Back

producer

Front

Not enough resources to meet people's needs

Back

scarcity

Front

Resources that come from nature: water, soil, trees, coal, etc.

Back

natural resources

Front

Someone who buys and uses goods or services

Back

consumer

Front

Products that can be bought and sold.

Back

goods

Front

Work that is done by others.

Back

services

Front

People and businesses who use resources to make goods and services

Back

producers

Front

People who buy or use goods and services to satisfy their personal needs and wants

Back

consumers

Front

a resource from nature that can be used to produce goods and services or to meet people's needs

Back

natural resource