Supply & Demand Vocab

Front

Amount of something people want to buy?

Back

Demand

Front

Way people act together to make, buy, and sell things?

Back

Economy

Front

Money needed to buy something is the...

Back

Price

Front

Period of time each year? Hint: We are in FALL.

Back

Season

Front

Who buys goods and uses services?

Back

Consumer

Front

Work done for others?

Back

Service

Front

Place where goods & services are bought/sold?

Back

Market

Front

Someone who makes a good or provides a service.

Back

Producer

Front

Something you can touch that can be BOUGHT and SOLD?

Back

Good

Front

Example of a SERVICE:

Back

Medical Treatment (Doctor's Visit)