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10 Cards in this Set

  • Front
  • Back
Private Property
something owned by an idivisual or group
Econamy
a systejm for producing and distruibuting goods and services
Free Enterprise
people are free to start their own businees
Profit
how much money is left over after paying it's services
Supply
the amount of the product that is avalible
Demand
amount of the product people will buy
Consumer
a person who buys or uses goods for services
Entreprenuer
person who starts their own business trying to make a profit
Export
goods that one country SELLS to another country
Import
goods one country BUYS for another country