Economics Pre-Assessment

A person, company or country that makes grows, or supplies goods or services for sale

Too much of a product or supply

The way a country or culture produces and distributes goods and services

Something from nature that people can use, such as trees, land, water, animals and minerals

To make something available to someone; provide

The state of being short in supply

A good that was produced in one country and brought to another

The desire for a product or service

A good that was sent to another country after being created

Difference between the amount earned from selling a product and the amount spent in creating it

Business costs not directly tied to creating product/service; ex. costs, fixed costs, expenses

Someone who buys and uses goods and services