| A | B |
|---|
| business income | money earned by a business from the sale of goods, services, ideas, or information |
| agricultural era | a period of time when farming was the major occupation and there was limited transportation |
| needs | basic items needed for human survival, such as food, clothing, and shelter |
| profit | money remaining after obligations of the business have been paid |
| GNP | the total amount of money spent by consumers in a given year |
| database | a collection of data available to a computer system in such a way to allow fast and easy access to the information |
| distribution | all the activities involved in moving a product to the final consumer |
| business expenses | all costs of a business that helped earn the business income |
| information age | a period of time when a large segment of society is working with or affected by the vast flow and transmittal of information |
| manufacturing | an activity which takes raw materials and converts them to a form that consumers can use |
| wants | items that are not basic to human survival but are desired by people to enhance their lives |
| industrial revolution | a period of time when most people were employed in factories |
| extraction | an activity which takes raw materials from nature |
| service | an activity providing satisfactionof people's wants which is not necessarily tied to the sale of a product |
