"there is no such thing as a free lunch"

there can be no gain without

a price

GOODS

tangible, touchable

things that one may purchase

or aspire to purchase

there being few of things that are

needed or wanted

EX: scarcity of water

scarcity of grain

scarcity of minerals

"risk-taker"

does their own business

NATURAL RESOURCE

something which is not made

by man and comes naturally of the earth

EX:

water

wood

soil

something which manufactures or

makes goods

any source of advantage,

power or PROFIT.

EX:

bumper stickers

advertisements

anything which advertises

an economy system which is based

on demand of the people