Instruction: I need an expert who can answer this briefly using your own words or own knowledge.

Resources and Scarcity (1-2) . Define resource . List examples of renewable and non-renewable resources The Three Questions of Economics & Opportunity Costs (3-7) . Explain the difference between needs and wants . Identify the three basic questions of economics . When considering opportunity costs you have to make a and deal with the Economic Systems (8-13) . Describe a command economy Describe a pure market economy . Describe a mixed-market economy The United States uses a economy Competition & Free Enterprise and Technology & Economics (14-17) . Explain the wealth gap . A free-enterprise system uses a economy