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Java Games: Flashcards, matching, concentration, and word search. |
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Economics Matching CE9
CE 9
Finance, scarcity, resources, choice
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| A | B |
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| finance | management of money, banking, investments, and credit |
| human resources | workers and managers |
| capital resources | buildings, machines |
| natural resources | air, water, trees |
| resources | factors of production that are used in the production of goods & services. |
| scarcity | is the inability to satisfy all wants at the same time |
| All resources and goods are | limited |
| Types of resources are | natural, human, capital & entrepreneurship |
| choice | selecting an item or action from a set of possible alternatives |
| Individuals must choose/make decisions | about desired goods and services because they are limited. |
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