| A | B |
| Agriculture | farming |
| Capital | resources made by people, such as buildings, tools, and machinery |
| Citizenship | entitles a person to the rights and responsibilities of their nation |
| Civic Issue | a public matter |
| Compromise | both sides of a conflict give up something |
| Consumers | people who purchase goods and services |
| Conflict | disagreement of goals or interests |
| Demand | the level of consumer interest in a product |
| Democracies | citizens have the freedom to participate in government |
| Entrepreneurship | activities of people who decide what kind of economic activity to pursue |
| Fairness | honest, impartial and by the rules |
| Goods | Items that can be bought and sold |
| Justice | right and proper treatment |
| Labor | skills and time contributed by people to the production of goods and services |
| Land | Resources found in nature, such as soil, minerals, and trees |
| Compromise | both sides work together to reach their goals, give up some of the things they want, win a little; neither side loses too much |
| Voting | people involved take a vote to decide; majority wins |
| Confrontation | more like a competition; both sides want to win; involves a power struggle in which neither side wants to lose |
| Authority | solutions are reached by using a third party (sometimes called an arbitrator); conflicts may be decided through a legal settlement |