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8 Cards in this Set
- Front
- Back
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scarcity
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not enough of someting
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supply
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the amout of a praduckt that is avalibl
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demand
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the need of a product or asurvis
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trade
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the business of buying and selling goods and survises
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import
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when a product is brought in form anoter
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interdependence
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when a product is brought in from anuter country to be sold
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export
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when a product is prodused in own country is then shipped to another countryto be sold
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profit
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the excess of incoum over all costs
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