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Economy
money and stuff!!!!!
Definition | Term |
---|---|
Economics | Dealing with money |
Capital Resource | From a factory |
Natural Resources | Natural |
Human Resources | Anyone who works |
Goods | Stuff you want |
Needs | Stuff you need |
Import | You get it from somewhere else |
Export | You send it to somewhere else |
Producer | Produces it's own food/ Makes own money |
Consumer | Takes money/ Eats other things |
Supply | Everything you have |
Demand | What you want |
Services | Help |
Opportunity Cost | The other thing you wanted, but didn't get |
Wants | What you want |