| A | B |
|---|
| Community | The people and environment around you. |
| Industry | A business or organization. |
| Economy | The organization of money to meet the needs of people. |
| Market Economy | Businesses sell items of what people want. |
| Surplus | More products that is needed or wanted. |
| Scarcity | Not enough products for what people need. |
| Factors of Production | All things needed for a business to make its products. |
| Manufacturing Industry | Factories that use natural resources to make usable products. |
