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10 Cards in this Set
- Front
- Back
wants
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things youd like to have but are not nessacary
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needs
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nessesities for life, and survival
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goods
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physical products
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services
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tasks performed by businesses or machines
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resources
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items people can use to obtain what they want
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business
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any commercial activity that seeks profit by providing goods an services
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profit
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money left over after business has paid its goods and services
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competition
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the contest between businesses to win consumers
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market research
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the act of gathering and analyzing information about wants,needs and preferances of consumers in a certain market.
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consumer
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a person that uses goods or services
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