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Economics
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What is a producer?
The people who makes/create things
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What is demand
How much consumer needs/wants
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5 example of capital resource
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5 example of natural resource
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what is capital resource?
tools that human use to create things
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What is a human resource?
The people who work
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What is an assembly line?
The group of people who help the producer(factory)
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What is scarcity
Low supply of products
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What is a consumer?
The people who buy
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What is a natural resource?
Resources from nature
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What is profit?
The money they make
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5 example of human resource
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What is wages?
Salary
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What is overhead?
Money needed to run a business
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