N.B: it is not a graded question Match the term with its definition.1) abundance (n)2) alternative (2)3) goods (n)4) needsand wants5) produce (v)6) satisfy (v)7) scarce (adj)8) services (n)9) social sciencesa) to have or provide smth that is needed or wantedb) the study of society and the way people livec) to make smth or bring smth into existenced) the things that a person must have in order to havea satisfactory lifee) not easy to find or getf) when there is more than enough of smthg) everything that is produced in the economyh) a system or organisation that provides for a basic publicneedi) smth that is different from smth else, especially fromwhat is usual, and offering the possibility of choice

The key economic terms includes scarcity, needs and wants, satisfy, goods and services, costs and…

Match the term with its definition. 1) abundance (n) a) to have or provide smth that is needed or wanted 2) alternative (n) b) the study of society and the way people live 3) goods (n) c) to make smth or bring smth into existence 4) needs and wants 5) produce (v) 6) satisfy (v) 7) scarce (adj) 8) services (n) 9) social sciences d) the things that a person must have in order to have a satisfactory life e) not easy to find or get f) when there is more than enough of smth g) everything that is produced in the economy h) a system or organisation that provides for a basic public need i) smth that is different from smth else, especially from what is usual, and offering the possibility of choice

Match the term with its definition. 1) abundance (n) a) to have or provide smth that is needed or wanted 2) alternative (n) b) the study of society and the way people live 3) goods (n) c) to make smth or bring smth into existence 4) needs and wants 5) produce (v) 6) satisfy (v) 7) scarce (adj) 8) services (n) 9) social sciences d) the things that a person must have in order to have a satisfactory life e) not easy to find or get f) when there is more than enough of smth g) everything that is produced in the economy h) a system or organisation that provides for a basic public need i) smth that is different from smth else, especially from what is usual, and offering the possibility of choice

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.3: What Do Economists Do?

Problem 5R

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