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10 Cards in this Set
- Front
- Back
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wants
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Things that you do not have to have to survive but would like to have
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needs
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things you must have in order to survive
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goods
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Physical products
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services
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tasks the businesses perform for consumers
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resources
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items that people can use to make or obtain what they want
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business
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any commercial activity that seeeks profit by providing goods and services
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profit
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money left over after a business haspaid the cost of providing its goods and services
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competition
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the contest between businesses
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market research
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the act of gathering and analyzing information
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consumer
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a person who uses goods or services
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