producers
a producer who grows food
farmer
all businesses sell the same things (T/F)
false
the general stuff a business uses
resources
a person who buys products
a consumer
a country where wood is very important
Canada
the people a producer hires
workers
HS + GD = ?
low price
resources found naturally on Earth
natural resources
people use this to buy products or services
money
a country famous for growing wheat
USA
sell corn to earn this
an income
sell goods to make the most what?
profit
workers as resources
human resources
two types of cash money
bills and coins
a continent famous for growing coffee
Africa
what a producer uses instead of horses and carts
in the US market, these rules are important
supply and demand
money used to start and run a business
capital
cheque, credit card, or debit card
a country that is famous for sheep production
Australia
technology used to look at the fields from the sky
drone
US economy style
free market
the thing or service offered by a company
product
the plan for how much money you make and how much you can spend
budget
a kind of competition between producers and consumers around the world
international trade