| A | B |
|---|
| goods | products we buy |
| services | what other people do for us |
| producers | those who grow and raise food, or manufacture a product |
| consumers | those who buy and use products |
| needs | things we must have to live |
| wants | things that we like to have |
| natural resources | gifts from nature-anything we use that comes from nature. |
| scarcity | shortage of, or the lack of availability of products or natural resources |
| abundance | having more than enough |
