economic systems
productive resources
true or false
wants,needs,and services
mixed economic
100
mixed
it is a commbanation of all the economic systems
100
the personnel of a business or organization, especially when regarded as a significant asset
What is a human resource
100
false
is this true or false scarcity is when there is limited wants and unlimited resources
100
something to survive with
what is a need
100
what to produce
What is a economic question
200
tradition
it is based on customs and religion
200
a natural resource is oil,veggies,water,soil and etc.
What is a natural resource
200
false because you can not use paper over and over again
is this true or false paper can be a renewable resource
200
a want is something you dont need
what is a want
200
water,soil, and trees
What is a renewable resource
300
market
it is theeconimic desisin of pricing of goods and services
300
goods that are used in producing other goods, rather than being bought by consumers
What is a capital good
300
true
true or false a service is when someone does something for you. example a dog groomer,dentist and a hair stylist
300
someone buying something
What is a consumer
400
command
the goverment makes all the desicions
400
the activity of setting up a business or businesses, taking on financial risks in the hope of profit
What is a enterpreunership
400
true
true or false a opportunity cost is when you give up something for something ulse
400
a service is someything provided to a consumer
what is a service
400
limited resource
What is scarcity
500
mixed,market,command,tradition
What is all the economic systems
500
human resources,capital goods,natural resources,and enterpreunership
What is all four productive resources
500
true
true or false the three things humans need to survive with is food and water,clothing and a house
500
want is something you dont need a need is something you need to survive with and a service is when you do something for a consumer
what are goods and services
500
the amount of goods and service lost at one time
What is a demand
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