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#5

TermDefinition
capital resources something used to make something else
economics 1 the study of how people make, transport, buy, and sell goods and services. 2. the study of how people earn and use money
bartering to trade
free enterprise an economic system in which people are free to make, sell, and buy goods and services
opportunity cost the lost chance to do something after doing something else
renewable resources natural resources which can be replenished for future use
human resources people involved in the production of goods and services
scarcity a short supply; of very small supply of resources; problem of limited resources
profit the money left after expensive are paid
interest a small amount of money either paid or charged by a bank
Created by: M4t7ox
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