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Good

ECONOMICS Service
Something that can An action that
be used or someone
consumed does to help
others
Barter
Human
Exchange 
Resource
(goods or services)
People working to
for other goods or
produce goods
services
and services
without using
money Natural
Resource
Capital Resource Materials that
Goods made by come
people directly
and used to produce from nature
other Assembly Line
goods and services An arrangement of
machines,
Currency
equipment and workers in
Medium of which work passes from
exchange operation to
for goods and operation in
services direct line until
Specialization the product is assembled
The process of making Opportunity Cost
the best use of When making a
resources choice between
in the production two things, the thing
of goods and services you choose to give
up in order to get
Alexis Panepinto something else

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