Lernkarten

Karten 103 Karten
Lernende 3 Lernende
Sprache English
Stufe Mittelschule
Erstellt / Aktualisiert 28.08.2015 / 23.11.2016
Lizenzierung Keine Angabe
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103 Exakte Antworten 0 Text Antworten 0 Multiple Choice Antworten
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Wants
They're desires that can be satisfied by consuming a good or a service.
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Needs
They're things that are necessary for survival.
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Scarcity
It exits when there are not enough resources to satisfy human wants.
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Economics
It's the study of how individuals and societies satisfy their unlimited wants with limited resources.
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Goods
Physical objects that can be purchased such as food, clothing, and furniture.
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Services
Work that one person performs for another pay
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Consumer
A person who buys goods or services for personal use.
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Producer
Person who makes goods or provides services.