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Java Games: Flashcards, matching, concentration, and word search. |
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Business in Today's Society - ppt 1.1
Includes economic resources, buiness transactions and supply and demand.
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| A | B |
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| Economic Resources | Capital, Natural, Human |
| Capital Resources | money, real estate, property, stocks / bonds, machinery and tools / equipment |
| Human Resources | labor, management, skills, education, personality and experience |
| Natural Resources | trees (paper), water (energy), land (buildings), air, minerals, and metals |
| Business Transaction | Exchange of goods and services in the marketplace |
| Demand | Amount of goods and services buyers are able and willing to buy at stated prices at a particular time |
| Supply | Amount of a product or service offered for sale at stated price. |
| Price | How much a business charges for a product or service |
| Market Price | Price where supply meets demand |
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