Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
5 Cards in this Set
- Front
- Back
|
Goods?
|
Tangible items that can satisfy peoples wants/needs
|
|
|
Services?
|
actions that can satisfy peoples wants/needs
|
|
|
Capital?
|
previously manufactored goods used to make other goods/services
|
|
|
Entreperneurship?
|
ability of risk taking individuals to develop new products and start new businesses in order to make profits
|
|
|
Trade-off?
|
sacrificing one good or service to purchase or produce another.
|
