Economic problem

___________what you give up when you make a choice.

• Economic problem

• A trade-off

• Factors of production

__________is that there are not enough resources to make enough products to satisfy people’s wants.

• trade-off

• economic problem

• factors of production

Protecting the environment for future generations.

• trade-off

• sustainability

• economic problem

things we have that help us do something

• needs

• wants

• resources

Oxygen is an example of________

• limited resources

• unlimited resources

Limited resources have no end (can't finish).

• True

• False

Hessa is deciding whether to go on a beach holiday or a skiing holiday. Hessa decides to go on the beach holiday. What is her trade-off?

• a beach holiday

• a skiing holiday