chapter 21 Flashcards
1
Q
the factories, machines, technology, tools, equipment, and any other man-made goods used to make other goods or services
A
capital goods
2
Q
people compete with each other
A
competition
3
Q
a person who takes the risk to organize resources
A
enterpret
4
Q
people who help produce goods and services
A
human resources
5
Q
to lose something like money
A
loss
woomp woomp
6
Q
a naturally made item that people use
A
natural resource
7
Q
resources used to make goods or services
A
productive resource
8
Q
a resource used to produce a good or servece
A
profit
9
Q
the possibility of change of loss
A
risk
10
Q
a person who has ability
A
visionary
