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This book is about economic vocabulary.

Economics Vocabulary

by: Ashna and Maddie

Barter is the act of trading goods or services between two or more parties without the use of money.

 

 

Barter/Trade

Goods that are used in producing other goods, rather than being bought by consumers.

 

Capital Goods

A human.

Human Resources

The dependence of two or more people or things on each other.

 

Interdependence

Materials such as  forests and water that are in nature.

 

 

 

 Natural Resourses

Productive Resources

Resourses that are either natural or produced.

 

Resources

 

 Helpful materials

Scarcity

A shortage.

 

THE END