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Scarcity, Opportunity cost,Productive resources

Across
the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them
the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.
is the management of money and financial decisions for a person or family including budgeting, investments, retirement planning and investments.
is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries, including trade, investment and migration
one of two or more available possibilities.
Resources that are things that make work easier. Examples are machines, factories, tools, and buildings.
is the basic economic problem that arises because people have unlimited wants, but resources are limited
Down
the value of the next-best choice available to someone who has picked between several mutually exclusive choices.
Resources that are acquired from the earth. Examples are physical land, minerals, oil, and animals.
The capacity or ability for organizing the other three resources.
Materials, labor or money which is used to create goods and services; they are categorized into four areas- Natural Resources, Human Resources, and Capital Resources.
dealing with the performance, structure, behavior, and decision-making of an economy as a whole rather than individual markets. This includes national, regional, and global economies
Resources that uses the skills that people have and the labor they perform. Construction workers AND Lawyers are examples.
the exchange of one thing for another of more or less equal value, especially to effect a compromise.