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Economy Terms
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goods
things that people buy and sell
services
work people do for other people
economy
the way a country provides and uses goods and services
enterprise
the carrying on of business activity
produce
to manufacture or supply
resources
supplies that meet our needs
capital
all the money, property, and other things that a business uses to earn more money
labor
work done for wages
technology
tools, machines, materials, techniques, and processes used to produce goods and services
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