| 1) ___________
2) ___________
3) ___________
4) ___________
5) ___________
6) ___________
7) ___________
8) ___________
9) ___________
| Basic substance in its natural, modified, or semi-processed state, used as an input to a production process for subsequent modification or transformation into a finished good.
Economic forces fundamental to the price mechanism in a free market system. They determine the price of a good or service offered, and are, in turn, determined by the price obtainable.
The aggregate of all human physical and mental effort used in creation of goods and services.
The division of a company that is focused on activities relating to employees. These activities normally include recruiting and hiring of new employees, orientation and training of current employees, employee benefit, and retention.
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
The amount of energy, work, goods, or services produced by a machine, factory, company, or an individual in a period.
A response of an individual or group to an action, environment, person, or stimulus.
Ever-present situation in all markets whereby either less goods are available than the demand for them, or only too little money is available to their potential buyers for making the purchase.
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7. Read the economic news below. What is it that makes each one of the above news items an economics item?
