Economic Principles Facts
FAQ
What exactly is scarcity? What is a trade-off? What is an opportunity cost? Do even wealthy people and wealthy nations have to deal with scarcity and accept trade-offs? By resources, do you mea...
Terms
Asset Capital (Factor of Production) Entrepreneurship Factors Of Production Gross Domestic Product (GDP) Income Labor (Factor of Production) Land (Factor of Production) Lorenz Curve Market...