| A | B |
|---|
| advertisement | information that a producer provides about products and services |
| barter | to trade one product or service for another |
| basic needs | food, clothing, and shelter |
| competition | what happens when companies produce and sell the same product |
| consumer | the person who buys the product or service |
| demand | the wish that people have for a product or service |
| export | to send a product or resource out of the country |
| human resources | people who work for a company |
| import | to bring a product or resource from another country |
| industry | all the companies that make the same product or provide the same service |
| international trade | trade between people in different countries |
| invention | something that has been made for the first time |
| wage | money a worker is paid |
| technology | use of machines, tools, and materials to make products faster and more easily |
| supply | amount of a product or service there is to be sold |
| product | something that people make or grow to sell |
| raw materials | resources needed to make a product |
| service | something one does for another |
| producer | person who makes a product |
| price | amount of money needed to buy a product or service |
| marketing | planning how to sell a product |
| manufacture | to make all kinds of goods |
