| A | B |
|---|
| philanthropy | effort to increase the well-being of people thorugh charitable giving |
| Free Enterprise | a system in which economic decisions are made in markets by people and businesses, with little government influence |
| prototype | a model or sample of product to be produced |
| resources | things and people used to produce goods and services |
| human resources | the skills and abilities of workers used in production |
| natural resources | things used in production that occur naturally in the world, such as water |
| capital resources | resources made by people, such as factories |
| economy | a system of production, consumption, and distribution of goods, services, and resources |
| scarcity | a situation in which people can't have everything they want because of limited resources |
| profit | the money that is left over after a business pays all its costs |
