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Economics

AB
bankA corporation empowered to deal with cash, domestic and foreign, and to receive the deposits of money
economythe system of production and distribution and consumption
consumerAn individual who buys products or services for personal use and not for manufacture or resale.
investora person who uses goods or services
investmentlaying out money or capital in an enterprise with the expectation of profit
Depressionis a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession,
Economistan expert in the science of economics
interestInterest is a fee paid on borrowed assets
marketthe world of commercial activity where goods and services are bought and sold;
wagea compensation, usually financial, received by workers in exchange for their labor.
taxesto impose a financial charge or other levy upon a taxpayer
profitthe difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise


5th Grade General Education Teacher
Colwcyk Elementary
New Castle, DE

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