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Ellery's Stack

TermDefinition
income all the money a person gets from a job or other source
budget a plan that shows income, spending, and saving
savings the amount of an income not spent
spending the amount of income a person uses
goods things that are made or grown and then sold
services jobs that one person does for another
supply the amount of a product for sale at a certain price
demand the amount of goods or services that people want and can pay for different prices
renweable resource a resouce that can be replaced within a short time
profit the income a business has left after all its costs are paid
products goods and services
earn to get something, such as money, after working
oppertunity cost what you give up when you choose to buy one thing over another
Created by: avery.spirewka
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