Shared Flashcard Set

Details

Title

Economic Resources

Description

N/A

Total Cards

Subject

Business

Level

7th Grade

Created

09/07/2012

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Additional Business Flashcards

Term

Economic Resources

Definition

the means through which goods an services are produced

Term

Natural Resources

Definition

Raw materials supplied by nature (like oil and minerals)

Term

Human Resources

Definition

People producing goods and services

(like employees, or farmers)

Term

Capital Resources

Definition

The products and money used in the production of goods and services

(like buildings and equipment, and the money used to buy them)

Term

Resources are __________.

(they only have so much and can't be renewed.)

Definition

Limited