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Definition
an item that can be bought; a want or a need
(video game, hamburger, car) |
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Definition
| job (firefighter, police officer, dentist, truck driver, teacher) |
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Definition
| to buy, eat or drink a good |
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Definition
| not enough of a good to meet demand |
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Definition
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| whoever arrives first, gets the goods |
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Definition
| everyone receives same amount of a good |
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Definition
| to use a small portion of a good over time |
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Definition
| person in charge decides who receives goods |
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Definition
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| focus on one job and doing it well |
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Definition
| tools used to create a good |
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Definition
| breaking down a large job into smaller tasks |
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Definition
| depending on others for survival |
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Definition
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Definition
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Definition
| amount of people who want a good/service |
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Term
| What happens when competition happens amongst producers? |
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Definition
1. Cheaper prices
2. Better customer service
3. Better quality products |
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