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7th Grade Economic Terms

Name: Will Land
Another term for money.
Goods traded out of a country.
The limit on an amount of product.
The amount of people that can read and write in a country.
A tax on imported goods.
Raw materials to support life.
Someone who makes a service.
The goods and services produced in a country.
How people choose resources to satisfy their wants.
Someone who buys a service.
Someone who takes the risk to start a business.
Objects that satisfy wants.
Goods brought into a country.
Activities by people that satisfy wants.
When a country refuses to import certain goods.