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9 Cards in this Set
- Front
- Back
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Culture includes:
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Language, music, dance, celebrations, foods, clothing, beliefs, religion, holidays
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Economics includes
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the buying and selling of goods
making and spending money |
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Scarcity means
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Not enough of something
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Surplus means
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too much of something
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Scarcity causes the price of something to
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go up
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Surplus causes the price of something to
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go down
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Opportunity costs are
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what is given up when a choice is made
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Producers do what?
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Create goods and services
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Consumers
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buy goods and services
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