A | B |
barter | To trade without money. |
mint | A place where coins are made. |
profit | The amount of money that is left over after all the costs of running a business have been paid. |
free market | The freedom to make and sell any product or service that is allowed by law. |
competition | The contest among businesses to sell the most goods or services. |
demand | The willingness of consumers to buy goods and services. |
supply | The products and services that businesses provide consumers. |
scarcity | What happens when the supply of a product is not enough to meet the demand for it. |
savings | The money that people save. |
deposit | To put money into a bank account. |
interest | The money a bank pays people for keeping their money there. |
invest | To buy something that will grow in value. |
budget | A plan for spending and saving money. |
cooperative | A group of workers who own a business together. |