GOOD CITIZENSHIP Leavy-Lee

Ive learned  TO be a goodcitizen you should not push things off to the side. To be a good citizen you should give a helping hand when some one needs help.

congress The national legislative body of a country.

economics the study of how we make decisions in a world in which resources are limited

microeconomics the study of the behavior and decision making of small units such as individuals and businesses

macroeconomics deals with the economy as a whole and decision making by large units such as governments or whole industries or societies

resource the things used in making goods and providing services

productive resources natural labor capital entrepreneur

scarcity occurs whenever we do not have enough resources to produce all the things we would like to have

opportunity cost the cost of the next best use of your time or money when you choose to do one thing rather than another

trade-off the alternative you face if you decide to do one thing rather than another

goods books and automobiles

services work performed for someone else

capitalism an economic system in which private citizens own and use the factors of production in order to seek a profit