EC-070
a difference in a trade industry can be what
what is size
economic wants are obtained by what
what is spending money
Resources that enable businesses to operate are also known as what
what are inputs
This is an example of human wants
What is clothing
Elimination of certain products occurs because of what
what is technology
People who benefit from trade industries are what
an example of economic wants are what
Using a stream to supply water for crops is an example of using what
what are natural resources
This is a characteristic of human wants
what is unlimited
prices of goods and services are determined by the interaction between what
what is supply and demand
producers produce what
what are raw goods
non economic wants are obtained by what
what is without money
A salesclerk working part-time at a clothing store is an example of a what
what is a human resource
What is pay more money
Saving up money to buy something is called what
what is called demand
A duty to contribute to the well-being of society is what
what is social responsibility
items used to accomplish activities, such as producing or providing goods and services are what
economic resources
When there is not enough of a resource available for everyone to have as much of it as desired, the resource is what
what is limited resources
This is an economic good or service that is scarce
what is limited supply
natural disasters may influence what
what is supply
what is the buying and selling of goods to other people
what are trade industries
The study of how to meet unlimited, competing wants with limited resources is called what
What is economics
When a stove is used in a restaurant kitchen, it is a what
what is a capital good
These are cast by consumers each time they make a purchase
economic votes
Government regulations might cause what
what is decrease in supply