The inability to satisfy human wants and needs

shells,beans

the exchange of good and services for goods and services.

mixed

public limited company

trade

generally acceptable
relatively scarce
divisible durable potable

Double coincidence of wants, time consumption

u.s.a and britan

liable only for debts equivalent to investment

Human wants are unlimited and resources are limited

trader allowed to not accept after a certain amount.

good: tangible services:intangible

china,cuba,lao's republic

Legal agreement with 2-20 people who pool resources together to form a business with at least one owner accepting unlimited liability.

production,consumption and distribution of commodities take place.

industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks

double coincidence of wants, indivisibility of goods, rate of exchange and time consumption.

-inequalities of wealth
-little to no prod. of public goods
-loads of production of demerit goods.

main goal isn't to make a profit

Countertrade

medium of exchange,unit of a/c , store of value , deferred payment

Money

traditional

Co's name , address of office, objectives , authorized capital and declaration of limited liability.