1. Willy Wonka and the Chocolate Factory

2. Economics
Economics is the social science that describes the factors that determine the production, distribution and consumption of goods and services.

3. Entrepreneurship
It is the process of designing, launching and running a new business
Startup company
Provide a service
Business Venture

4. Microeconomics
The part of economics concerned with single factors and the effects of individual decisions.
Analyzes the market behavior of individual consumers and attempts to understand the decision-making process the consumer goes through.
Supply and Demand

5. Macroeconomics
The branch of economics that studies the behavior and performance of an economy as a whole.
Creating economic stability.
Will reduction in taxes stimulate the economy?
Will war stimulate the economy?

6. Opportunity Cost
The loss of potential gain from other alternative when on alternative is chosen.
Trade offs

7. Resource
A Stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively.

8. Scarcity
The state of being scarce or in short supply.