producer - someone who makes/sells a good or provides a service, consumer - someone who buys a good or service, human resource - the workers and people who are needed to make a good or service , natural resource - raw materials that come from earth, captial resources - things such as equipment, machines, and money that help workers, overhead - the money needed to run a business, import - to buy good or services FROM sellers in other countries, export - to sell goods or services TO people in other countries, wages - the money paid to workers for the work that they do, profit - the amount of money that is left over after all the overhead has been paid, supply - the amount of goods available to the consumer, demand - how much consumers want a good, scarcity - a very low supply of a good, bartering - to trade goods and services for something other than money,
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Economics Vocabulary Wordwall Games
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Natisni
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