| A | B |
| career | an occupation or profession |
| consumer | a person who buys goods or services |
| wants | things you would like to have |
| needs | things you must have in order to survive |
| scarcity | when there is a limited number of resources and an unlimited number of wants |
| income | money earned in return for services |
| opportunity cost | the second best choice you must give up |
| save | to put away for later use |
| barter | a way to exchange or trade |
| goods | things people can hold or touch |
| product | a good or a service |
| resource | something used to make a good |