Economic Concepts

This list describes what type of economy?

Amount of money for the goods

What type of resource is a school building?

Because of scarcity, we must make?

Production of goods and services (Capital, Human, Natural and Entrepreneurship)

Amount of resources willing to buy for a price vs. the amount its being sold for is?

The use of goods and services.. Ex: We eat food and drink water

Which world economy BEST completes the web?

Collard Greens are a ______ resource

Because of ________, I cant have everything I want...

Cell phones are a _______ resource

Where communities use simple tools and methods to harvest and hunt for food. What type of economy is being described?

If Uggs offered a ______________ I would buy more boots.

A primary characteristic that determines the type of economy a country has is the -

In a centrally planned economy the

Which of these is a market?

The combining of all resources to makes goods. Availability and preference determine _________?

What is the most common type of economy is?

Who has the most influence in a free market economic system?

Things used to motivate you to purchase (buy) something 

What is the best title for the type of economy described in the chart?

There are not enough resources so I have to make a ________?

What you give up after the choice is made

Goods and services that are essential (important) for life are referred to as 

What ever I give up is my__________?

The inability to satisfy all wants is?

 What type of resource would a teacher be classified as?

What type of economy is being pictured below?

This chart describes what type of economy?