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Beginning Words

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
The wealth and resources of a country or region in terms of the production and consumption of goods and services   Economy  
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send (goods or services) to another country for sale   Export  
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bring (goods or services) into a country from abroad for sale   Import  
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A group of emigrants or their descendants who settle in a distant territory but remain subject to or closely associated with the parent country   Colony  
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a source of supply, support, or aid, especially one that can be readily drawn upon when needed   Resource  
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items held for sale in the regular course of business   Goods  
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the action of helping or doing work for someone   Services  
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a customer who buys the products or services a business produces   Consumer  
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a sovereign nation   Country  
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having to do with the production, distribution, and consumption of goods and services   Economics  
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an institution that determines and enforces a society’s laws. The size and nature of a government varies according to the society it governs   Govornment  
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to enter and settle in a country or region to which one is not native   Immigration  
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the physical and mental exertion that human beings put into production activities   Labor  
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a set of rules, issued and enforced by a government that binds every member of society   Law  
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a culturally and politically unified group of people bound together by a strong sense of shared values, institutions and cultural characteristics   Nation  
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virtuous citizens display a devotion to their country in words and deeds, including devotion to the fundamental values and principles upon which it depends   Patriotism  
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the people who inhabit a political entity or region   Population  
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people who use resources to make goods and services   Producers  
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that which is legally owned by an individual or entity   Property  
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all natural, human and man-made aids to the production of goods and services. Also called productive resources   Resources  
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Created by: kirbs14
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