Capital goods - Manufactured or constructed items that are used in the production of goods and services., Economic goods - Physical objects that are useful, scarce, and transferable and which satisfy economic wants., Economic resources - The human and natural resources and capital goods used to produce goods and services., Economic services - Productive acts that are useful, scarce, and transferable and which satisfy economic wants, Factors of production - Productive resources; human and natural resources and capital goods., Human resources - People who work to produce goods and services., Producers - Responsible for choosing and using the best combination of resources, Natural resources - Sometimes, generally referred to as land. , Entrepreneurs - Invest time and effort in new products and businesses. , Entrepreneurship - Sometimes considered a fourth factor of production. , Money - Financial capital ,

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