(2)Ch. 7 Working in Our Communities-Vocabulary

a business that keeps, exchanges, and lends money to people

• bank

• barter

• budget

• credit

to give a good or service to another in exchange for a different good or service

• bank

• barter

• budget

• credit

a plan that shows a person's income, expenses, and savings

• bank

• barter

• budget

• credit

a promise to pay for something

• bank

• barter

• budget

• credit

a card used in place of money that lets the cardholder buy things and pay for them later

• credit card

• demand

• deposit

• division of labor

the amount of goods or services that people want and can buy

• credit card

• demand

• deposit

• division of labor

the money a person puts in a bank

• credit card

• demand

• deposit

• division of labor

when a project is divided, or broken down, into smaller jobs

• credit card

• demand

• deposit

• division of labor

to send products and resources from one country to another country

• export

• free enterprise system

• import

• interdependence

an economy in which people and private businesses, and not the government, decide what goods to make and buy

• export

• free enterprise system

• import

• interdependence