| A | B |
| human resources | people such as farm workers,machine operators, and those who run the business |
| capital resources | buildings, tools, and machinery |
| scarcity | we don't have enought resources to produce the goods and services we want |
| barter | people exchange goods and services without using money |
| trade | buying and selling goods and services |
| specialize | farmers choose to grow mainly one crop |
| price | the amount of money consumers pay for goods and services |
| bank | a safe place where people can keep their money until they need to use it |
| savings account | a service provided by a bank where the bank keeps your money until you need to take it out |
| goods | things that people make or grow to sell |
| factory | building where people work to make goods |
| services | jobs people do that help other people |
| producer | a person who makes or grows something |
| consumer | someone who buys for uses goods and services |
| income | money that people earn |
| needs | things people must have to live |
| shelter | something that protects and covers |
| wants | things people would like to have |