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Money Vocabulary
Question | Answer |
---|---|
income | money people earn for working |
budget | plan for spending and saving |
wage | money a worker is paid |
marketing | advertising |
innovation | new idea |
supply | what the business offers |
consumer | buyer |
producer | makes and sells |
specialize | sell one kind of product |
profit | money left over after bills |
overhead | money it takes to run a business |
capital | money to start a business |
human resource | people needed to make and sell |
raw materials | natural resources needed to make something |
patent | government paper for inventor |
technology | use of new inventions in life |
savings | money people do NOT spend |
copyright | protection given to authors or creators of "original works authorship" (books, plays, musicals, songs, artwork) |