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Econ Fill In The Blanks

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In each blank, try to type in the word that is missing. If you've typed in the correct word, the blank will turn green.

If your not sure what answer should be entered, press the space bar and the next missing letter will be displayed.

When you are all done, you should look back over all your answers and review the ones in red. These ones in red are the ones which you needed help on.
Term: Definition: that people use to make thing or to do work
Term: Definition: Work
Term: CapitalDefinition: things of worth machines,buildings, , and money
Term: resourceDefinition: a raw material found on earth such as water minerals land and
Term: Definition: the study of how and countries make decisions about how to use their scarce resources in the most efficient
Term: ChoiceDefinition: the act of on and selecting what is wanted most
Term: Definition: something that is necessary to alive
Term: Definition: a thing that is not needed to survive but that life better
Term: Definition: an item people buy such as a car, or bed
Term: Definition: to turn materials into products people use day
Term: ServiceDefinition: work done for people for a fee
Term: Scarcity Definition: a problem in with wants are greater than what is
Term: off Definition: the act of giving up one for another
Term: Opportunity Definition: each possible use of a
Term: cost Definition: the cost of one choice over another
Term: possibilitiesDefinition: all combinations of goods and services that can be produced from a fixed of resources in a given period of time
Term: of production Definition: that are used to make goods and services
Term: Definition: when someone starts a new businesses or an old one
Term: Definition: the who runs a business or some part of it
Term: Definition: the amount of goods and workers can produce in a given time
Term: Division of Definition: dividing up workers so that each worker completes one job which is one part of a job
Term: Specialization Definition: when a person, country, or region works on making one part of an
Term: line Definition: a system in which a product moves from worker to so it can be put together faster
Term: Definition: the use of science to create new products or make old ones
Term: DatabaseDefinition: a collection of information stored on a computer
 
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