Chapter 1 Flashcards
1
Q
Agricultural economics
A
Deals with how producers, consumers, and societies use scarce resources in the production, marketing, and consumption of food and fiber products
2
Q
Biological resources
A
3
Q
Capital
A
4
Q
Capitalism
A
5
Q
Communism
A
6
Q
Economics
A
7
Q
Fallacy of composition
A
8
Q
Food and fiber system
A
9
Q
Human resources
A
10
Q
Macroeconomics
A
11
Q
Management
A
12
Q
Manufactured resources
A
13
Q
Microeconomics
A
14
Q
Mixed economic system
A
15
Q
Natural resources
A
