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Chapter 6 Vocabulary

Sections One and Two

AB
free markettype of economy in which people are free to buy, produce, and sell with limited government involvement
profitmoney a business earns after all its expenses are met
stockpart ownership in a company
biotechnologystudy of cells to find ways of imporving health
newsprinttype of paper used for printing newspapers
trade deficitoccurs when the value of a country's imports is higher than the value of its exports
tarifftax added to the price of goods that are imported
trade surplusoccurs when value of a country's exports is higher than the value of its imports
acid rainchemicals from air pollution that combine with precipitation
brownfieldsites that have been abandoned and may contain dangerous chemicals
urban sprawlspread of human settlement into natural areas


TN

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