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Ch. 17 - Economics What's It All About?

AB
economicsstudy of the ways that money, goods, and services are produced and used
debtmoney that is borrowed (from another)
on the risegoing up
individualseperate from others
the economythe way money, businessed, and products are organized in a particular setting
involvesincludes
sincebecause
scarcein limited supply
approachmethod for doing something
opportunitychance to do sth.
laborwork
take into accountconsider
propertye.g. someone's land
exchangegive and get
neccesaryneeded


ESL Instructor
West Valley College
Saratoga, CA

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