define the definition
what is a bank
Business that keeps money for customers, makes loans, and provides other money-related
services.
what is cash
Money in the form of coins or bills.
what is Producer:
People or businesses that provide goods and services.
what is Entrepreneur:
A person who creates and manages a business.
what is Division of Labor:
Dividing up a task so that each worker does a different piece.
what is a Budget
Written plan of how much money can be spent and how.
what is Consumer:
Someone who buys and uses goods and services.
what is production:
Making or growing things to be sold.
what is Expenses:
Amount of money you spend on something.
what is Earn:
To make money.
what is a Automatic Teller Machine
(ATM): An unattended electronic machine at which a customer can
perform bank transactions 24 hours a day.
what is Consumption:
Buying and using products.
what is Wages:
Regular payment, typically paid on a daily or weekly basis.
what is Generosity:
Willingness to give and share.
what is Factors of Production
Resources required to create a good or service.
what is a Checks:
what is Bartering:
Method of exchange by which goods and services are directly exchanged for other goods
and services without using money.
what is Withdrawal:
Taking money out of a bank account.
what is Give:
To provide something to someone else.
what is Economy:
The way a society organizes the production and consumption of goods and services. It
helps companies decide what products to produce, how they should be produced, and who want
their products.
what is Capital Resources:
Goods that are used to produce other goods or services, like tools, machines,
or buildings.
What is cost
Money paid or charged for something.
what is Employment:
Having a job.
what is Currency:
Any form of money in use as a medium of exchange for a good or service.
what is Engraved:
Carved, cut, or etched into a material.