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