Careers

5. The money left over after a business has paid the cost of providing its goods and services.
6. Physical Products
8. Items that people can use to make or obtain what they need or want.
9. The act of gathering and analyzing information about the wants, needs, and preferences of consumers in a certain market.
10. Tasks that business perform for consumers.
12. Things that you do not have to have to survive, but would like to have.
13. Any commercial activity that seeks profit by providing goods and services to others in exchange for money.
15. The contest between businesses to win customers.

1. It helps you to identify and consider your various alternatives and their consequences before you make the final decision.
2. Raw materials from nature that are used to produce goods.
3. They can be reproduced.
4. All the economic resources necessary to produce a society’s goods and services
7. Lack of resources
11. A person who uses goods or services.
14. Things that you must have in order to survive.