economics Matching
What is a Command Economy? |
System in which the goverment makes the economic decisions and owns most of the property. |
What is productive Resources? |
Term referring to natural reasources, labor/human, and capitol resources. |
An amount paid to an individual for services provided. |
What is a Labor Resource? |
Anyone who uses goods and services. |
Things or Items we use that are produced. |
What is a Capitol Resource? |
Goods used to make other goods or provide a service. |
What is a Natural Resource? |
Resources that are found in the enviorment. |
What is a Economic system? |
System of Organizing wealth and resources. |
What is a Renewable Resource? |
Resources thet can be replenished naturally. |
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