The study of how society allocates scarce resources and goods
A person or group that is the final user of goods and services produced within an economy
Physical items that satisfy needs and wants
Money earned through employment or investment
Performance of laborious mental or physical tasks and/or provision of time and effort in exchange for money
Any organised exchange of goods and services for money; can be physical or online/over telephone
Goods or services that are essential for life
An individual or business involved in the production of goods and services
Actions done for you by others to satisfy your needs and wants, ie: doctors, hairdressers
Non-essential goods and services