click below
click below
Normal Size Small Size show me how
SS Ch 4 Lesson 1
chapter 4 lesson 1
Term | Definition |
---|---|
economy | the way a place uses its resources to produce goods and services |
productivity | the amount of goods or services workers can make or provide in a set amount of time |
profit | the money a business earns after all its expenses are paid |
regulate | to control or maintain with rules and regulations |
entrepreneur | a person who risks money and time to start a new business |
oil refinery | a factory where oil is processed into gasoline and other products |