different markets Flashcards
(2 cards)
1
Q
empolyer and employee
A
an employer is a business who empolys workers to produce goods and services. an empolyee is a person who works for a business. the difference is one gets money and one gives money.
2
Q
landlord and tenant
A
a landlord is the owner of a house who leases it out to a tenant in exchange for rent. a tenant is a person who pays rent in exchange for living in the housed owned by someone else. the difference is someone gives money and someone gives the house.