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Economic Terms

Brief list of colonial economic terms, matching

AB
bartertrading goods or services without using money
cash cropa crop that you grow to sell for cash and not use for yourself
creditbuying something now and paying for it later when you sell your crops
debtthe amount you owe to someone else
economyhow a country makes money by buying and selling goods
moneya form of currency that includes coins and bills
tobaccoa crop that could be used for cash in early Virginia
agriculturefarming
savingsmoney that you put away and save to spend later


Mrs. Caruso

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