economics

4. Goal. A system by which goods and services are produced, distributed, and consumed.
6. A belief or principle that is important to a person and helps guide their decisions and behavior.
10. Something people desire but do not need for survival (e.g., video games, designer clothes).
11. goal A well-defined goal that is: Specific Measurable Achievable Realistic Time-bound
12. goal _ A goal set to be achieved in the near future, usually within 1 to 5 years (e.g., saving for a car or completing a degree).

1. Something essential for survival or daily functioning, such as food, water, shelter, or clothing.
2. goal A goal that can be achieved in a short period, typically within days, weeks, or months (e.g., finishing a school project).
3. of living. The level of wealth, comfort, material goods, and necessities available to a person or group.
5. goal _ A goal that takes several years or more to achieve, often related to major life plans (e.g., buying a house, retirement).
7. The study of how individuals and societies choose to allocate limited resources to satisfy unlimited wants.
8. The limited availability of resources to meet unlimited wants and needs, which forces people to make choices.
9. The act of using goods and services to satisfy needs and wants.