Vocabulary Flashcard for Grade 6

Front

What does the word 'manufactured' mean?

Back

Made or produced, usually in large quantities.

Front

What does the word 'salaries' mean?

Back

Regular payments made to employees for their work.

Front

What does the word 'available' mean?

Back

Ready for use or at hand.

Front

What does the word 'formula' mean?

Back

A mathematical rule expressed in symbols.

Front

What does the word 'basically' mean?

Back

In the most important or fundamental way.

Front

What is the definition of 'production'?

Back

The process of creating goods and services.

Front

What does 'employment' refer to?

Back

The state of having paid work.

Front

What is the meaning of 'resources'?

Back

Assets that can be used to produce goods and services.

Front

What does 'demand' mean in economics?

Back

The desire for a good or service backed by the ability to pay.

Front

What is a 'market'?

Back

A place where buyers and sellers come together to exchange goods and services.