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7 Cards in this Set
- Front
- Back
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Economics |
Study of choices and goals |
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Captial |
Man made tools or software. Has to be uses to produce other goods. (Firms:companies). |
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Investment |
Buying capital. Business owners more likely. |
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Constraint |
A limit. When yu choose one thing, you say no or give up other things. |
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Wants |
What we want |
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Means |
How much we can have |
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Resources or input and factors |
Used to make goods and services. Only business world would use these. |
