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Economy of My Region

Local Economy Vocabulary (Grade 3, California)

QuestionAnswer
Goods Things people make, grow or find, to SELL or USE.
Services The action of HELPING others, or doing work for someone.
Farmer A person who owns or manages a FARM.
Factory A BUILDING or group of buildings where goods are MADE chiefly by machine.
Industry
Trade The action of BUYING and SELLING goods and services.
Consumer A person who BUYS goods and services for their own use.
Producer A person, company, or country that MAKE, GROWS, or SUPPLIES goods or commodities for sale.
Export SEND goods or services to another country for sale
Rancher A person who owns or manages a ranch.
Created by: The Memorizer
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