The limited nature of society's resources.
The study of how society manages its scarce resources.
The property of society getting the most it can from its scarce resources.
The property of distributing economic prosperity uniformly among the members of society.
Whatever must be given up to obtain some item.
People who systematically and purposefully do the best they can to achieve their objectives.
Small incremental adjustments to a plan of action.
Something that induces a person to act.