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14 Cards in this Set
- Front
- Back
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Profit
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the amount of money left over after paying for the cost of doing business.
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Industrial Revolution
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the important changes that took
place in the way work was done during the 18th and 19th centries. |
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Natural Resource
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Materials that are provided by nature
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energy
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Power that makes machines work.
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Locomotion
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a self-propelled vehicle that runs on rails
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Investor
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a person who expects to the profit by lending money to a buisness
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Raw Material
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Matter in its natural condition.
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Textile
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Cloth made by weaving.
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Import
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to bring into one country from another
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Interial Combustion Engine (ICE)
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an engine that burns gasoline to produce power
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Labor union
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a group of workers who joined together.
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Developed Country
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a nation that is has many industries that imports and exports products
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Developing country
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a nation that is slowly growing its industry and economy
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Export
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to send a product out of one country and into another sell.
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