ch 21 s.s flash cards
the factories machines technology tools equipment and any other man-made goods used to make other goods or services
capital goods
a situation where multiple people or organizations try to outperform each other
competition
a person who takes risk to organize resources to produce a new or better good or service in hopes of gaining a profit
entrepreneur
the employees who help produce goods and services
human resources
an amount of money lost by a business or organization
loss
a naturally-made item such as a tree mineral or fresh water ,that people can use to meet a need or want
natural resources
a resource used to produce a good or service
productive resource
the money left over after a business has paid all its expenses
profit
the possibility of chance of loss danger or injury
risk
a person who has an exceptional ability to plan or have ideas for the future
visionary
