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Economy - Coggle Diagram

- - - - results from
        
        finite resources
        
        results in
        
        factors of production
        
        consists of
        
        enterprise
        
        capital
        
        1 more item...
        
        labour
        
        land
        
        focuses on
        
        mobility of the factors of production
        
        1 more item...
        
        are defined by
        
        the quantity of land
        
        the quality of land
        
        1 more item...
        
        the quantity of labour
        
        1 more item...
        
        the quality of labour
        
        unlimited wants
        
        consists of
        
        wants
        
        need
      - can be managed by
        
        choices
        
        has a consequence of
        
        opportunity cost
      - determines
        
        economic goods
        
        needs
        
        resources to produce
        
        that has a problem of
        
        free goods