Unit 4 Lesson 3 Vocabulary

a business that does things for people instead of making products

• free enterprise

• technology

• service industry

• producer

a kind of economy in which people can start and run their own business

• free enterprise

• service industry

• market

• consumer

someone who pays money for a good or service

• interdependence

• importer

• producer

• consumer

the person or business that makes and sells a good or service to others

• importer

• producer

• consumer

• exporter

the depending on one another for resources and products

• import

• free enterprise

• producer

• interdependence

a place to buy and sell goods

• import

• export

• market

• producer

a good, or product, sent from one country to be sold in another

• producer

• import

• consumer

• export

a good, or product, that is brought into one country from another to be sold

• import

• export

• producer

• consumer

the use of scientific knowledge or tools to make or do something

• producer

• service industry

• free enterprise

• technology