Title: 
Headings: 

Content: relates to: Capital, labor, land, economy
trade-off
definition: an alternative we sacrifice when we make a decision 
importance: Allows the nation to gain profit in a way that they receive something and give out something. - A skill that is needed by entrepreneurs 
relates to: opportunity cost, entrepreneur
guns or butter
definition: a phrase that refers to the trade-off that nations face when choosing whether to produce more or less military or consumer goods
importance: relates to: opportunity cost
definition: the most desirable alternative given up as the result of a decision
importance: