

Trade vocab
Flashcard
•
Social Studies
•
8th Grade
•
Practice Problem
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
Definition of 'service'
Back
something done for someone else in exchange for money
2.
FLASHCARD QUESTION
Front
Match the vocabulary word: 'High demand, short supply'
Back
scarcity
3.
FLASHCARD QUESTION
Front
Definition of 'demand'
Back
Quantity of a good consumers are willing and able to purchase at various prices over time.
4.
FLASHCARD QUESTION
Front
Definition of 'imports':
Back
to bring into a place or country from another country
5.
FLASHCARD QUESTION
Front
Definition of 'market'
Back
A place where buyers and sellers meet to exchange goods and services.
6.
FLASHCARD QUESTION
Front
Definition of costs?
Back
The total amount of money a business spends.
7.
FLASHCARD QUESTION
Front
Definition of TRADE:
Back
buy or sell goods or services
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