ECONOMY
Demand
to ask for forcefully
currency
the official money of a country
economics
the study of economy/wealth
entrepreneur
someon who decides to create or start a business
export
goods and services that are produced in one country and shipped to another country for sale.
import
bringing goods into a country from another place/ country (usually to sell them)
goods
things that are produced
industry
a group of businesses that make or sell similar products or similar services
interdependence
how living a non-living things depend on one another
natural resource
something that is found in nature and can be used by people
scarcity
people can't have everything they want because resources are limited
services
things people do for us that satisfy our needs/ want
supply
products and services people can buy
tariff
attacks on good/products that go from one country to another
trade
The exchange of goods and services