| A | B |
|---|
| goods | things that are made or grown and then sold |
| services | jobs that workers do for others |
| wants | things we would like to have, but could live w/o |
| needs | things we must have to live |
| barter economy | trading without money |
| money economy | buying something using money |
| invest | to spend $ in order to gain a profit |
| consumer | someone who buys goods or services |
| consumer demand | a product that is very popular and hard to find |
| producers | people who make or grow goods or services |
| bankrupt | unable to pay debts, or completely w/o money |
| debt | you owe something |
| advertise | to let consumers know about your goods or services |
| natural resources | water, woods, plants, etc.. |
| human resources | people at work |
| capital resources | machines, tools, buildings |
| deposit | putting more $ into the bank |
| withdrawal | taking $ out of the bank |
| opportunity cost | giving something up in order to get something else (making a choice) |
