What are productive resources?
Economics Review
Flashcard
•
Social Studies
•
3rd Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
resources used to make goods and services
2.
FLASHCARD QUESTION
Front
People and businesses who use resources to make goods and services
Back
producers
3.
FLASHCARD QUESTION
Front
People who buy or use goods and services to satisfy their personal needs and wants
Back
consumers
4.
FLASHCARD QUESTION
Front
How much of a good or service is available
Back
supply
5.
FLASHCARD QUESTION
Front
The act of trading goods and services you have for goods and services you want
Back
trade
6.
FLASHCARD QUESTION
Front
Opportunity cost is...
Back
the value of the next best choice when you choose something else
7.
FLASHCARD QUESTION
Front
How much of a good or service people want
Back
demand
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