Bus&Econ-Ch1 Word Scramble
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Question | Answer |
Things that are required in order to live | Needs |
Raw materials supplied by nature | Natural Resources |
Not having enough resources to satisfy every need or want | Scarcity |
Things that are intangible and have to physical characteristics | Services |
Those who buy and use goods and services | Consumers |
Things that add comfort and pleasure to your life | Wants |
people producing goods and services | Human Resources |
Things that you can see and touch | Goods |
When you give up something to have something else | Trade-off |
Those who determine which products and services will be available | Producers |
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