economic concepts

Insufficiency or shortness of supply

• Efficiency

• Scarcity

• Intervention

• Choice

The act of picking from several alternatives

• Interdependence

• Sustainability

• Economic wellbeing

• Choice

The use of a resource so that the resource is not depleted or permanently damaged

• Efficiency

• Equity

• Sustainability

• Change

The ability to accomplish something with the least amount of resources

• Economic wellbeing

• Sustainability

• Intervention

• Efficiency

The quality of being fair or impartial

• Choice

• Interdependence

• Equity

• Choice

To make the form, content, nature, future course, different than what it is.

• Change

• Intervention

• Economic wellbeing

• Equity

Interference of one state in the affairs of another.

• Interdependence

• Change

• Efficiency

• Intervention

A multi-dimensional concept that includes welfare, security, freedom, and opportunity

• Intervention

• Economic wellbeing

• Scarcity

• Sustainability

The condition of being mutually reliant on each other

• Interdependence

• Equity

• Economic wellbeing

• Efficiency