Online Econimics School
Not enough for everyone, e.g. food and energy
Over time the world economy and most countries’ economies grew.
Remember to provide a key for any abbreviations used in a diagram.
Gross Domestic Product is the total value of final goods and services produced within the borders of a country during a specific period, usually one year.
Growing and developing the economy without harming future generations.
Predictions about what could happen in the future.
Infinite needs – can never satisfy all of them.