Economics Vocab.

Front

the place where goods and services are exchanged

Back

market

Front

Another word for money

Back

income

Front

What vocabulary term matches this meaning? people who make something or provide a service

Back

producers

Front

Consumers are people who___ or use goods and services

Back

buy

Front

trade, such as trading good and services for other goods and services or money

Back

exchange

Front

People who provide their skills and time to do something, such as a job, to contribute to the economic system.

Back

Human Resources

Front

Identify if this is a good or Service: Getting a haircut

Back

Service

Front

What is a service?

Back

Work done by someone for someone else.

Front

Identify if this is a good or Service: You buy a book from a garage sale.

Back

good

Front

Identify if this is a good or Service: You visit the doctor for a check up

Back

service