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This Concept Map, created with IHMC CmapTools, has information related to: ctalowsky.cmap, Economics Where do buyers and sellers exchange goods and services? 2, Production and Consumption includes producers consumers goods services division of labor specialization, Financial Literacy includes costs benefits budgeting earning saving spending, Scarcity ???? 4, Economics How do you manage financial responsibilities? 3, Economics What happens when there is not enough resources to meet the needs and wants? 4, Economic Decision Making and Skills includes positive incentives negative incentives changes in business over time, Economics ???? How do people get what they need or want?, Markets includes producers consumers goods services trading bartering, Scarcity includes 4, Economics How have the producers in my community changed over time? 5, Scarcity includes opportunity costs, producers consumers goods services division of labor specialization ???? Instructional Design, Economics What are a consumer and producer? What are goods and services? 1