Economics Concept Chart

Scarcity Natural Human Capital Opportunity Costs Resource Allocation Entrepreneurship Scarcity Opportunity Costs Choices/ Decisions Resource Allocation Productive Resources Wants What How For Whom Gross Domestic Product Traditional Command Market Specialization Productivity Producers and Consumers Agree Habit and Custom Government -Share -Lottery -Contest -Personal Characteristic -Authority -Force -First-come, first-served -Price -Majority Rule Human Capital Capital Goods Interdependence