Economics
Flashcards
Flashcards
103
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Set of flashcards Details
Flashcards | 103 |
---|---|
Language | English |
Category | General Education |
Level | Secondary School |
Created / Updated | 28.08.2015 / 23.11.2016 |
Licencing | Not defined |
Weblink |
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They're desires that can be satisfied by consuming a good or a service.
They're things that are necessary for survival.
It exits when there are not enough resources to satisfy human wants.
It's the study of how individuals and societies satisfy their unlimited wants with limited resources.
Physical objects that can be purchased such as food, clothing, and furniture.
Work that one person performs for another pay
A person who buys goods or services for personal use.
Person who makes goods or provides services.