| A | B |
|---|
| currency | any kind of money that people in a country use for trade |
| flow chart | a diagram that shows how something is done |
| income | money people earn for work |
| budget | a plan for using money |
| interdependence | depending on each other |
| goods | things people buy or sell |
| supply | the amount producers will make for a certain price |
| demand | the amount of something consumers are willing to buy for a certain price |
| consumers | someone who buys goods |
| bartering | to trade one item for another |
| international trade | trade between two or more countries |
| import | to buy goods |
| export | to send goods or services to another country for trade or sale |
| industry | all of the people and companies that sell similar goods or services |
| human resource | the skills, knowledge, and hard work that people bring to their jobs |
| capital resource | things made by people that help workers make goods or provide services |
| national resource | things found in nature that are useful to people |
| entrepreneur | a person who takes a risk, or chance, and starts a business |
| taxes | a fee citizens and others pay to local, state, or national government |
| assembly line | a team of specialized workers |
| market place | where people buy and sell goods |
| scarcity | a lack of goods or services |
