Consumers & Producer Vocab

Front

Amount of a good/service available to consumers

Back

Supply

Front

Buys and uses goods and services

Back

Consumer

Front

Entity providing goods/services

Back

Producer

Front

Amount of a good/service available to consumers

Back

Supply

Front

Consumer desire for a good or service

Back

Demand

Front

A person who doesn't spend all their earnings

Back

Saver

Front

Any money earned or received

Back

Income

Front

Money paid to the government for community needs

Back

Taxes

Front

Uses someone else's money (like a bank) and repays it.

Back

Borrower

Front

Real items like cars, watches, and clothing; things people make.

Back

Goods