Condition in which human wants are forever greater than the
available supply of time, goods, and resources.
basic categories of inputs used to produce goods and services. AKA
factors of production. Land, labor, and capital.
Gross domestic product (GDP)
The market value of all final goods and services produced in a nation during a period of
time, usually a year. Quantitative not qualitative.
What isn't counted in GDP?
How is GDP calculated?
secondhand, financial tr