Capital Resources Consumer Human Resources Natural Resources painter, farmer, miner economic choice people who produce goods and services tools that help make other things we need activities people need or want things people make or use makes goods or provides services Scarcity person who uses goods coal, wood, water Goods what you give up for something else exchange of goods without money pizza or chicken nuggets Opportunity Cost NOT able to meet all the wants materials that come from nature Barter Producer Services Capital Resources Consumer Human Resources Natural Resources painter, farmer, miner economic choice people who produce goods and services tools that help make other things we need activities people need or want things people make or use makes goods or provides services Scarcity person who uses goods coal, wood, water Goods what you give up for something else exchange of goods without money pizza or chicken nuggets Opportunity Cost NOT able to meet all the wants materials that come from nature Barter Producer Services
(Print)
Capital Resources
Consumer
Human Resources
Natural Resources
painter, farmer, miner
economic choice
people who produce goods and services
tools that help make other things we need
activities people need or want
things people make or use
makes goods or provides services
Scarcity
person who uses goods
coal, wood, water
Goods
what you give up for something else
exchange of goods without money
pizza or chicken nuggets
Opportunity Cost
NOT able to meet all the wants
materials that come from nature
Barter
Producer
Services
