A | B |
product | A good. |
producer | Someone who makes and sells a product or service. |
entrepreneur | Someone who starts and runs a business. |
consumer | Someone who buys a product or service |
interdependence | The reliance of producers and consumers on each other for products and resources they need. |
wage | Money to paid to a worker for the work he or she does. |
income | Money paid to a worker for the work he or she does. |
capital | Money to start a new business. |
raw material | A natural resource that can be used to make a product |
human resource | The workers who produce goods and services. |
capital resource | A tool or building that a business needs to make and deliver a product. |
factory | A building where products are prepared and packaged. |
manufacture | To make something with machines. |
international trade | The buying and selling between countries. |
import | To bring in products and resources from other countries to sell them. |
export | To send products and resources to other countries to sell. |
communication link | A kind of technology that lets people that are far apart share information instantly. |
e-comerce | Buying and selling goods and services on the internet. |
advertisement | A notice made to get people to buy something. |