Economic Vocabulary

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1.
opportunitycost
2.
tradeoffs
3.
economics
4.
scarcity
5.
voluntaryexchange
6.
profitmotive
7.
interdependence
8.
goal
9.
factorsofproduction
10.
land
11.
labor
12.
capital
13.
entrepreneur
14.
daveramsey
15.
budget
16.
debt
17.
savings
18.
debtfree
19.
allocation
20.
decisions
21.
marginal
22.
incentive
23.
wants
24.
needs
25.
goods
26.
services
27.
consumer
28.
producer
29.
cost
30.
benefit