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