Economics - Basics

Basic terms for GSCE economics
What B is a form of exchange that does not use money?. What E is the point where demand meets supply?. What O is benefit foregone of using a resource?. What E is deciding how to use your scarce resources?. What I is a goods/service where demand falls as people earn more money?. What N is a good/service where demand increases as people earn more money?. What T is the sector of the economy that deals with selling goods/service to the general public?. What S is the sector of the economy that deals with producing goods?. What P is the sector of the economy that deals with providing raw materials?. What F are the 4 main components necessary for producing goods & services?. What P is the sector of the economy run by the government? . What C is the type of economy which is completely owned and run by the government?. What M is a type of economy which has both government & privately run businesses?. What A is the term give to how resources are distributed?. What D is the line shows the relationship between price & the quantity demanded?. What G is the name of the body that runs a country's economy?. What I is the name given when a company does not want to relocate even though it's to their benefit?. What L is the word to describe the resource of human workers?. What T is an important factor when locating a business which helps move supplies, workers & goods?. What F is a type of economy where a government does not get involved at all?.
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