| A | B |
|---|
| income | money you earn |
| goods | products you hold or touch |
| producer | a person who makes goods |
| consumer | people who use goods/services |
| profit | money made by a business |
| services | activities that give people what they want or need |
| business | a company that supplies goods or services |
| import | buying goods from another country |
| export | selling goods to another country |
| economy | the way a place makes and uses its' goods and services |
| manufacture | to make something |
| land | natural resources |
| labor | workers |
| capital | money, tools, machines, buildings |
| entrepreneur | person with a business idea |
| taxes | money collected from the citizens |
