Economics Vocab Project

Once Upon A Time there was a Kingdom in a far away land. King Econ was fascinated with Economics and wanted to help his daughters learn about it.
I can't believe my daughters are ready to learn about basic economics!
What do we learn first?
We are so excited!!
I made a list with everything you must know. Once you master it then you will be knowledgeable on basic Economics.
Need ProductivityWant Economy Incentive Utility Opportunity Cost Wealth Trade-Off ValueScarcity Market Land Profit MotiveCapital Competition Labor Free Enterprise Entrepreneur Economic GrowthGood Consumers Service Producers