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the best thing you give up to get something you want
opportunity cost
what happens when there is not enough of something you need or want
scarcity
trade
barter
sending goods or services to another country for sale
export
bringing goods or services into a country for sale
import
how much consumers want something
demand
the amount of something available to consumers
supply
material that comes from nature
natural resources
goods made by people that used again and again to make goods and resources
capital resources
people working to produce goods or services
human resources
people working to produce goods or services
human resources
a person who uses a good or a service
consumer
a person who provides a good or service
producer
something people do for other people
services
something people make or grow that you can touch
goods