Test 1

a social science discipline that deals deciesions that human beings make the regard to how they allocate and manage resources that are scarce

goods and services that have attanited a certain value based for them in relation to their supply

Natural, Human, Capital

societies that did not use money as a medium of exchange depended on the barter system

the trading of goods and services

use money to exchange goods and services & there is little to no government intervention

governments make decisions that directly impact the economy

made by private groups and individuals

pure in practice

social security adn mandates minimun wages laws

of land

political and social structures