a product that is bought and sold, in this case, an agricultural product (ex. cereals, coffee beans, sugar, palm oil, eggs, milk, fruits, vegetables, beef, cotton and rubber)

the system of how money is made and used within a particular country or region. A region's economy is connected with things like how many goods and services are produced and how much money people can spend on these things.

to send a good or product to another country to sell

to bring goods or products into a country from another country

a number of companies making a particular product.

when a business provides something/works for the consumer and is paid for that work like. For example, when you pay a hair stylist to cut your hair.

a food that is used, needed, or enjoyed constantly, usually by many individuals

the sequence of processes involved in the production, processing, and distribution of a commodity

the movement of goods and products from one place to another place

trade between companies in developed countries (ex. Canada, Norway, Australia, USA) and producers (ex. farmers) in developing countries in which fair prices are paid to the producers.

a natural or chemical substance added to soil to make it better for growing plants

produced or producing naturally, without using pesticides or other added chemicals

chemical breakdown of an organic substance such as the chemical change of a sugar into alcohol or the souring of milk. Fermentation produces gas bubbles.

is the dried fatty seeds from which cocoa and chocolate are made; also known as a cacao bean.

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Food Vocab

Term	Definition
Commodity	a product that is bought and sold, in this case, an agricultural product (ex. cereals, coffee beans, sugar, palm oil, eggs, milk, fruits, vegetables, beef, cotton and rubber)
Economy	the system of how money is made and used within a particular country or region. A region's economy is connected with things like how many goods and services are produced and how much money people can spend on these things.
Export	to send a good or product to another country to sell
Import	to bring goods or products into a country from another country
Industry	a number of companies making a particular product.
Service	when a business provides something/works for the consumer and is paid for that work like. For example, when you pay a hair stylist to cut your hair.
Staple	a food that is used, needed, or enjoyed constantly, usually by many individuals
Supply Chain	the sequence of processes involved in the production, processing, and distribution of a commodity
Transportation	the movement of goods and products from one place to another place
Fair Trade	trade between companies in developed countries (ex. Canada, Norway, Australia, USA) and producers (ex. farmers) in developing countries in which fair prices are paid to the producers.
Fertilizer	a natural or chemical substance added to soil to make it better for growing plants
Organic	produced or producing naturally, without using pesticides or other added chemicals
Fermentation	chemical breakdown of an organic substance such as the chemical change of a sugar into alcohol or the souring of milk. Fermentation produces gas bubbles.
Cacao	is the dried fatty seeds from which cocoa and chocolate are made; also known as a cacao bean.

Created by: grace.barb

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