Production and Sumption of goods and services.

A SYSTEM IN WHICH PEOPLE GET WHAT THEY WANT OR NEED.

THINGS YOU DESIRE.

THINGS YOU NEED TO SURVIVE.

AMOUNT OF MONEY YOU SPEND.

EXCHANGE OF GOODS AND SERVICE.

THINGS PEOPLE NEED OR WANT.

DOING SOMETHING FOR OTHER PEOPLE.

PEOPLE WHO CREATE GOODS AND SERVICES

PEOPLE WHO PURCHASE OR USE GOODS OR SERVICES.

AMOUNT OF GOODS PEOPLE WANT.

LIMITED AMOUNT

AMOUNT OF GOODS YOU HAVE.

MONEY YOU ARE LEFT AFTER YOU HAVE PAID YOUR BILLS.

WHEN TWO THINGS DEPEND ON ONE ANOTHER.