Junior Achievement Vocabulary 4th Grade

Front

An organization that makes a product or performs a service that is sold to people, other businesses, and the government

Back

business

Front

A person who uses resources to start a business

Back

entrepreneur

Front

A new device or a new way of doing something

Back

innovation

Front

To make or think of something that did not exist before

Back

invent

Front

Buildings, tools, and machines that businesses use

Back

capital resources

Front

Things that occur naturally such as air, water, minerals, and trees

Back

natural resources

Front

People who do the work that businesses need

Back

human resources

Front

Something that is used to produce a good or service

Back

resource

Front

When a business makes more money in sales than it spends on expenses

Back

profit

Front

Money spent for something

Back

expense