Economics Vocabulary

to bring (goods or services) a product into a country to be sold.

• export

• import

• fair trade

• economics

to send (goods or services) to another country for sale.

• export

• import

• fair trade

• economics

when fair prices are paid to farmers and workers in developing countries.

• trade

• cooperative

• fair trade

• labor

using resources in ways that do not harm the environment and that allow resources to be used in the future

• cooperative

• sustainability

• multinational

• consumer

how money is used; how people get money; how much things cost.

• fair trade

• corporation

• economics

• industry

the business of buying and selling or exchanging items

• fair trade

• industry

• export

• trade

A large farm in tropical and subtropical climates that specializes in the production of one or two crops

• cooperative

• corporation

• plantation

• sustainability

a business organization owned and operated by a group of individuals for their mutual benefit

• multinational

• sustainability

• cooperative

• fair trade

A corporation that engages in business worldwide

• industry

• multinational

• distribultion

• import

a large business that is legally separated from its owners

• corporation

• distrubution

• industry

• producer