Money - A medium we use to pay for goods and services., Buy - To exchange money for goods or services., Sell - To exchange goods or services for money., Price - The amount of money you need to buy something., Goods - Products that people make or grow to sell., Services - Work people do for others in exchange for money., Trade - To exchange goods or services., Market - A system where buyers and sellers interact., Need - Something important you must have to live., Want - Something you'd like but don't need., Work - A job someone does to earn money., Job - A position where someone works and earns money., Income - The money a person earns from work., Cost - The amount paid to get something., Budget - A plan that shows how much you will spend and save., Save - To not spend money so you can use it later., Spend - To give money to buy goods or services., Bank - A business where people keep, save, and borrow money., Loan - Money you borrow from a bank or person., Tax - Money the government collects from people and businesses., Profit - The extra money a business earns after costs., Loss - When you spend more money than you earn., Producer - A person or company that makes goods., Consumer - A person who buys and uses goods and services., Supply - The amount of a good that is available., Demand - The desire and ability to buy a good., Economy - A system of making and using money and goods., Business - An organization that sells goods or services for profit., Capital - Money or tools used to make more money., Investment - Spending money now to earn more later.,

Economics Intermediate

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