Economics

2. people who purchase goods and services
4. Resources Workers needed to create goods and services--knowledge, skills and experience
5. money taken out of pay; addional charge when paying for goods/ services; used by government to provide services
7. items created by producers; will be purchased by consumers
8. industry Takes natural resources from the earth--mining, fishing, and farming.
12. cost Something that must be given up to get something else
13. resources tools needed to create goods or provide services
14. people who create goods and provide services
15. of Production The ingredients, or elements, needed for production to occur.
16. keeping your money to spend at a later time
18. Agriculture, manufacturing, wholesale, retail, service.
19. using your money to pay for your needs and wants

1. someone who opens their own business
3. goods sold to other countries
6. when you pay someone to complete a job or task for you
9. goods brought into a country
10. industry Makes products using natural resources--construction, factories, and processing plants).
11. resources resources that are found in nature
17. coins and bills used to purchase goods and services