name ________________________________________

Michigan Economy

Term

Definition

Capital equipment

 

Consumer

 

Consumer Credit

 

Corporation

 

Economy

 

Export

 

Goods

 

Human capital

 

Import

 

Industry

 

Natural Resources

 

Opportunity

 

Ownership

 

Partnership

 

Producer

 

Scarcity

 

Services

 

Supply and Demand

 

 

 

 

 

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