Economics Review

an object made or produced that can be sold and consumed

the degree to which a consumer wants or doesn't want a good

a resource that can be replanted or replaced like trees

the government decides what is produced & the price

an amount of a good that is available for purchase

the production and price of goods & services are determined by the consumer and supply & demand

used to produce goods such as machinery, copy machines, building tools, factories...

a system of producing goods where workers produce only part & it is moved from worker to worker

An action produced or done for money like building, cleaning, selling, teaching,...

something found in nature that is useful to man such as trees, water, and minerals

The Study of How people use their scarce resources to get goods and services