baily test Flashcards
(15 cards)
the making of goods or products
manufactoring
the amount a store pays for something
example-electricity
expenses
something found in nature
example- soil, water, trees
natural resources
how much there is of a good or service
supply
how much customers want a good or service
demand
goods made by people to produce other goods and services (factories, machines, tools)
capital resources
refers to jobs that are centered on providing services that benefit others
service industry
phrase that is located with the product. catchy phrase
slogan
something you use to make things
resources
a picture or symbol businesses use to help advertise their company
logo
all the producing, selling, and buying that people do
economy
world market
global economy
the amount of money left after paying all your expenses
profit
something coming into a country from other countries
imports
to sell goods to people in another country
exports
