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- 1. Fill in the Blank
is the study of how resources are managed in the
production, exchange, and use of goods and services.
- 2. Fill in the Blank
is the place or atmosphere in which goods or services are sold or exchanged.
- 3. Fill in the Blank
is anyone who makes goods or provides a service.
- 4. Fill in the Blank
is anyone who buys goods or services.
- 5. Fill in the Blank
refers to the amount of a product or service that producers have to sell.
- 6. Fill in the Blank
refers to the amount of a product or service that consumers want to purchase.
- 7. Fill in the Blank
is when a resource is in limited or short supply.
- 8. Fill in the Blank
Economy where business owners
compete in the market with little government interference.
- 9. Fill in the Blank
the total value of the goods
and services that a country produces each year.
- 10. Fill in the Blank
is expanding trade and communications around the world. It helps open new markets and keeps prices low for consumers.
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