Economic Principles

Which of the following is an example of a public service provided by the government?

A country with plenty of crops but few livestock might barter for ___________.

A shortage is when...

People who buy goods and services are called ______________.

______________ is mutually relying on each other to get things done.

A private enterprise is ________________?

____________ are goods sent to another country to be sold.

_____________ is the amount of product that is available. 

When there's a greater supply of something than a demand for it, it's called a __________.

____________ are goods purchased from another country to be used.

If consumers don't buy a good or service, producers might _________ cost.

A _________________ is someone who makes a good or provides a service.

Which might result in a scarcity of water?

Which of the following is a reason for bartering?

________________ is the amount of product consumers want or need.

Products a person gives up when having to make a choice is __________.

When facing a purchasing decision, which is a good idea?

_____________ is trading goods without using money.

Not having enough of something is a __________________.

____________ is when you buy, sell, or exchange a good or service for something else you want or need.

The government's main economic role is to use money and funds to provide ____________ to citizens.