Basic Economics
What is the term for the amount of goods consumers want to buy?
Demand
What is the process of increasing connections between countries?
Globalisation
What do we call a person who buys goods or services?
Customer
What is the opposite of demand in economics?
Supply
What do we call goods sold to another country?
Export
What is a formal plan for a business called?
Business plan
What do we call the place where buyers and sellers meet?
Market
What is bringing goods into a country called?
Import
What is communication in a company called?
Business communication
What is the term for a general increase in prices?
Inflation
What is a company operating in many countries called?
Multinational company
What is the act of selling products or services called?
Sales
What is the total value of goods and services produced in a country?
GDP
What is the term for countries depending on each other economically?
Interdependence
What is a person who starts a business called?
Entrepreneur