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Java Games: Flashcards, matching, concentration, and word search. |
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Economics- 2.7
Click here and play games while you test your knowledge of some economics terms.
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| economics | the study of the way the things people need and want are made and brought to them |
| market | a place where goods are bought and sold |
| producers | people who make goods |
| consumers | people who use goods or services |
| barter | to trade |
| natural resources | trees, land, minerals and water are some examples |
| capital resources | buildings and equipment used to produce goods or services |
| goods and services | everything bought and sold |
| scarcity | not enough of something, causing choices to need to be made. |
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Mrs. |
Montrose Elementary |
| Richmond, VA |
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