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3rd grade Economics

QuestionAnswer
Producer Makes and sells goods
Consumer Someone who buys goods or services
Interdependent To depend on each other
Supply The amount producers make
Demand The amount consumers are willing to buy
Human resources Skills, knowledge and labor
Capital resources Machines, roads, tools and buildings
Entrepreneur Person who takes a risk (chance) to start a business
Assembly line A way factory workers share the job of making goods
Created by: SaraAB
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