| A | B |
|---|
| consumption | the act of using goods and services (people consume food, cars, consume gas) |
| profit | the difference between what it cost to make a product and how much the product is sold for |
| supply | the amount of goods and services that producers make |
| demand | the amount of items or services consumers are willing to buy |
| natural resources | resources that are found in nature, such as water, plants, and soil |
| human resources | the work that people do to produce goods or to provide services, which includes a person's skill, knowledge, and talent |
| capital resources | things that are used to make other goods or to perform other services such as machines and tools |
| entrepreneurs | owners and managers of businesses who invest their own money to make a profit |
| public goods and services | goods and services provided by the government |
| global interdependence | countries depend on trading with other countries for goods and services |
| import | to bring goods in from another country |
| export | to send goods to a foreign country to be sold |
