Commerce - Economics

What is economics?

Land, labour, capital and entrepreneurship are called the _____?

What is the name given to goods and services that are believed to be the necessities of life?

The economist, Adam Smith, believed a market system could automatically self regulate.

Economics is a social science that deals with human behaviour, which is often inexact science.

The primary stage of production is known as the ______ stage?

Australia has a mixed economy which is a combination of a planned and market economy involving?

Money is a capital resource?

John Maynard Keynes believed in government intervention to stimulate the economy.

Free goods are goods that are not sold because........?