Being Secure in your ability to satisfy your needs and wants ( having enough Money!)
Thee basic economic activities are; production- is any activity design to satisfy people's wants. consumption- is using up of goods and services to satisfy our wants. exchange- people can satisfy some of their wants by producing some goods and services themselves.
Economic
true
economics
satisfy people's wants
Being Secure in your ability to satisfy your needs and wants ( having enough Money!)
Thee basic economic activities are; production- is any activity design to satisfy people's wants. consumption- is using up of goods and services to satisfy our wants. exchange- people can satisfy some of their wants by producing some goods and services themselves.
Economic
Economics.
economics
true
economics
economic system
Economics.
That is correct.
The way a nation determines how to use its resources to satisfy its people's needs and wants is called: