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Definition
things people buy or sell |
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farming that brings little or no profit |
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Definition
non material equivlent of a good in economics and marketing, or something you cannot hold |
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Definition
non material equivlent of a good in economics and marketing, or something you cannot hold |
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Definition
how many people want to buy something |
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Definition
how much of something is avalible |
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Definition
a great quantity of money or resources |
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Definition
short supply on a resource |
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Definition
the differnce between what you save and what you send |
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Definition
banks give you extra money for allowing them to use your money, or they charge you for not paying your charge acount |
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Definition
things found from the earth/ nature |
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Definition
a resource you can re use in a differnt form |
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Definition
a resource you can make into something else using the same resource |
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Definition
raw material thing you start with |
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Term
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Definition
taking the raw material and making it into a finished product |
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Definition
taking the final good and bringing it to the consumer |
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Definition
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total number of people that can be employed |
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Definition
goods and services that a country buys from a other country or things you take in |
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materials or goods that a country sells to another country |
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Definition
the resources of a person or business |
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the worth of a business after they pay all of there bills are paid |
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Definition
the worth of a business after they pay all of there bills are paid |
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Definition
average income is lower than the income of a industrial nation |
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dont have alot of exports, money and poeple dont make that much money |
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country that has a high level of manufacturing and exports |
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economic underdeveloped nations lack of jobs and money, lack of food, lack of housing, education,healthcare |
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