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Economics3rd

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
The form of money that people use   Currency  
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Things people buy or sell   Goods  
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A plan for using money   Budget  
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The amount producers will make for a certain price   Supply  
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A person who starts a business   Entrepreneur  
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Forms of work that people do for other people   Services  
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A team that makes a product by following steps   Assembly line  
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Someone who buys goods and services   Consumer  
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Tools that help workers make goods or provide services   Capital Resources  
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Sell goods or services to people in other countries   Export  
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The amount consumers are willing to buy   Demand  
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Consumers and producers needing each other to survive   Interdependent  
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Bring goods from other countries to sell   Import  
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A lack of goods and services   Scarcity  
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The money people earn for work   Income  
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The skills, knowledge, and labor that people bring to their jobs   Human Resources  
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Someone who makes and sells goods   Producer  
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Created by: msyancey3rd
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