A | B |
Economic resources | The human and natural resources and capital goods used to produce goods and services; also known as factors of production |
Economic vote | Term used to describe consumer approval of products expressed by the purchase of products |
Human resources | People who work to produce goods and services |
Economic system | The organized way in which a country handles its economic decisions and solves its economic problems |
Financial capital | Money needed to operate a business |
Government | A country’s arrangement for making and enforcing laws |
Human services programs | Benefits such as free medical care, education, and financial assistance that are provided by a government to its citizens |
Distribution | The process or activity by which income is divided among resource owners and producers |