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Social Studies Unit 2 Vocabulary

AB
incomethe money people earn when they work
producersomeone who provides a service or makes goods
specialized workersomeone who does just one main job (ex. a soybean farmer specializes in growing soybeans)
industrya kind of businesses that produces or makes something
natural resourcessomething from nature that can be used by people (ex. trees)
human resourcesa person who works to produce goods or services ( a logger cuts down a tree)
capital resourcesthings that are used to make and move other goods (ex. a truck hauls the logs from the forest to the mill)
barterwhen people exchange goods or services without using money
tradethe buying and selling of goods and services
exportproduct sent to another country
importproduct brought into a country from another country
bar grapha chart that uses bars to show amounts
incomethe money people earn when they work
producersomeone who provides a service or makes goods
industrya group of businesses that produce or make something
tradethe buying and selling of goods and services
specialized workera person who does just one main job
natural resourcesomething from nature that can be used by people (ex. soil, water, trees)
human resourcea person who works to produce goods or services (ex. loggers)
capital resourcethings that are used to make and move other goods (ex. a truck)
barterthe exchange of goods or services without the use of money
exportto send resources out to another country
importto bring resources into one country from another country
distancehow far one point is from another
scalea line with a series of marks used to find distance on a map


Goodpasture Christian School
Madison, TN

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