| A | B |
|---|
| Producer | makes and sells goods |
| Consumer | someone who buys the goods and services sold by a producer |
| Supply | the amount producers will make for a certain price |
| Demand | the amount consumers are willing to buy for a certain price |
| Human Resources | skills, knowledge and hard work that people bring to their jobs |
| Capital Resources | things made by people that help workers make goods or provide services (ex. tools) |
| Natural Resources | things found naturally on the earth (ex. soil for growing things) |
| Factory | A building where workers make goods |
| Assembly line | a team of workers with each worker doing one job to make one thing |
| Market | a place where goods may be bought or sold |
| Import | to buy goods or services from sellers in other countries |
| Export | to sell our goods or services to people in other countries |
| Industry | All the people and companies that make similar goods |
