| A | B |
| Urbanization | the growth of the proportion of people living in cities compared with that of people in rural areas. |
| Demand | a desire for a good or service by people who are willing to pay for it. |
| Meat Packing | the preparing of meat for market. |
| Free Enterprise | A kind of economy in which people own and run their own business with only linmited control by the government |
| Consumer | a person who buys a product or service. |
| Supply | A product or service that a business offers for sale. |
| Gaucho | a skilled rider who lived on open land of the Pampas of S. America. Today a gaurcho is a ranch hand on an estancia. |
| Estancia | a large ranch in South America or other Spanish-speaking area. |
| Station | a large sheep or cattle ranch in Australia. |