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Vocabulary
Money
Trade
Business
Miscellaneous
100
All businesses need this. This money allows them to hire workers and buy raw materials and equipment.
What is capital?
100
Beads and shells were a form of this
What is money?
100
These are five types of transportation for moving goods
What are trucks, airplanes, ships, barges, and trains?
100
This kind of market allows businesses to decide what goods and services they will make and sell
What is a free market?
100
The buying and selling between countries
What is international trade?
200
A budget is a what for saving and spending money.
What is a plan?
200
You use this so you can buy goods and services and pay for them later
What is a credit card?
200
When a company in the U.S. sends goods to other countries to sell
What is exporting?
200
There is more of what than supply when a product becomes scarce
What is demand?
200
A natural resource that can be used to make a product
What is raw material?
300
Something that can be bought or sold
What is a good?
300
You do this with your money to make it grow in value
What is invest?
300
This was not possible if no one wanted to trade for a person's product
What is bartering?
300
This is a contest among businesses to sell the most goods or services
What is competition?
300
This has made it easier for people and businesses to share information instantly
What is the Internet?
400
A willingness of consumers to buy goods and services
What is a demand?
400
You should do this with your money if you want to be able to pay for something you cannot afford
What is save?
400
A business might create these if they want to sell more of their product
What is an advertisement?
500
The reliance of producers and consumers on each other for products and resources they need
What is interdependence?
500
People buy things they need and want with this
What is income?
500
This is an important goal of a business
What is earning a profit?