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monster
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star
Double points!
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gift
Win 25 points!
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lifesaver
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15
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What do we call the study of how individuals and groups strive to satisfy their needs and wants by making choices?
Economics
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15
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Raw materials from nature that are used to produce goods
natural resources
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20
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Teachers, coal miners, bank managers, and farm workers are types of _________ resources
Labor
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20
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In which economic system are economic decisions made in the marketplace?
Market economy
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25
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What do entrepreneurial resources help meet in society?
Society's changing wants and needs
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10
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What do we call people who make goods and services for which they are paid?
Labor
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20
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List the factors of production
natural resources, labor, capital and entrepreneurial
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10
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True or False: Most nations today have a mixed economy.
True
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10
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Name one example of a capital resource.
...
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10
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Every type of business needs labor resources to produce goods and provide services. True or False
True
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25
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What economic system is also known as capitalism?
Market economy
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10
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What are raw materials from nature that are used to produce goods called?
Natural resources
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banana
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gift
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fairy
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25
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baam
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seesaw
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seesaw
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gift
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lifesaver
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10
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Resources that can be reproduced are called...
renewable resources
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