20 questions
Using income for purchases, expenses, and debt
spending
savings
goods
services
things purchased by consumers
goods
consumer
producer
supply
A person who provides a good or service
producer
need
want
consumer
A person who purchases a good or service
consumer
taxes
supply
good
Basic things humans need to survive
need
want
import
demand
how much of a good or service consumers want
demand
spending
producer
scarcity
The amount available
supply
demand
import
natural resource
money paid to the government through income, sales, and purchase of property
taxes
goods
scarcity
human resource
services provided by people
human resource
import
scarcity
consumer
goods made to use in the production of other goods
capital resouces
demand
taxes
export
A good made in the United States and sent to other countries
export
consumer
savings
taxes
not having enough
scarcity
supply
human resouce
taxes