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SBV list 9-2

QuestionAnswer
consumer a person whose wants are satisfied by using goods and services
consumption the purchase and or use of goods and services
cultural institution An established custom practice or relationship of importance in a society
human resource a productive resource consisting of the talents and skills of human beings that contribute to the production of goods and services
progressive tax a tax for which the percentage of income paid in taxes increases as income increases
public sector the part of the economy that involves the transactions of the government
pull factor a social, political, economic or environmental attraction of a new area that drew people away from their previous location
services actions that are capable of satisfying peoples wants
Created by: sbadger
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