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Unit 3 Social Studies Vocabulary


AB
incomemoney that someone earns
goodsthings that people make or grow
servicesjob that people do to help others
taxmoney tat is collected by a government
factorya building where people produce or process goods
tradeto buy, sell, or exchange goods
transportationa way of moving goods or people from place to place
barterto trade goods or services for other goods or services without using money