| A | B |
|---|
| Economy | A system of producing, distributing, consuming and owning goods and services |
| Producers | People or businesses that make and sell products |
| Consumers | People or businesses that buy, or consume, products |
| Per-Capita Income | Income per person (average) |
| GDP (Gross Domestic Product) | Total value of goods and services produced by a nation |
| Adult Literacy | Percentage of people over the age of 15 who can read and write |
| Life Expectancy | The average number of years that a person can expect to live. |
| Demand | The desire for a certain good or service |
| Supply | The amount of a good or service that is available for use |
| Goods | Items that can be bought and sold |
| Services | Work done for others |
| Export | A commodity, article or service sold to another country |
| Import | A commodity, article or service brought in from another country for sale |
