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Definition
How useful something is to consumers |
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When trade exists sole within a single community and everyone can provide for/ acquire their needs and wants within that economy |
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Definition
when there is trade between two or more different economic communities |
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Definition
having a consistent job with consistent pay |
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Definition
the value of money doesn't fluctuate |
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Definition
how well satisfied people's wants and needs are |
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Definition
the ability to make own decisions |
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Definition
using resources to their full advantage |
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Definition
building value through investment |
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Definition
assurance that you will never lose all your wealth with no back-up plan |
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Definition
the assurance that you will never lose the ability to work and get paid |
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Term
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Definition
the ability to get better at economic achievement |
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