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the act of taking natural resources from soil |
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An act that one pays for (waitress, teacher, etc.) |
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The amount of money a business or person makes after paying bills |
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An item that a person can't live without such as food, water, shelter, & clothing |
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Something someone can live without (Playstation, books, etc) |
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The money paid to government for services |
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An economic plan in which farming is used |
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An economic plan in which products are made |
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A naturally formed good that is used by humans |
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When there is not enough of a good |
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When there is too much of a good |
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An economic law that states when you have more of something, the price goes down and vice versa |
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