economics - the study of society that creates wealth, producers - people who make goods and/or provide services, goods - things that people make or use to satisfy wants, services - activities that satisfy people's wants, 3 types of resources - natural, human, capital, natural resources - materials that come directly from nature, human resources - people working to produce goods and services, capital resources - goods made by people and used to produce other goods and services, wood - an example of a natural resource, farmer - an example of a producer, hammer - an example of a capital resource,

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