Economics - Y10

Individuals limited means are

Things that are important to people and influence our decisions are 

Economics is the study of how individuals use unlimited resources to satisfy limited wants.

Scarcity refers to the condition of 

The television, newspaper and internet are examples of which factor that influence our values

Shelter is an example of a 

When goods are plentiful they are called.

When goods are scarce they are called.

Opportunity cost is the loss of the 

New Zealand recently signed a trade deal with eleven other countries called the

Which rock band sang "You can't always get what you want, but you get what you need"

Desires not essential for life but makelife a little more enjoyable are

Resources made by humans is called?

Pressure from friends is an example of which factor that influences our values?

Resources such as trees, minerals and animals are called?