Market Day Vocabulary

One who provides a good or service for someone else

• consumer

• goods

• producer

• supply

One who buys a product or a service

• producers

• service

• demand

• consumer

A plan for spending money

• budget

• good

• demand

• entrepreneur

money earned

• budget

• business license

• income

• supply

Things needed to run a business

• goods

• services

• resources

• budget

Products made to sell to a consumer

• consumer

• goods

• services

• resources

A job done by a producer for a consumer

• goods

• services

• resources

• business license

Approval from government officials to run a business

• business license

• producer

• service

• entrepreneur

The amount of a product that is made

• demand

• supply

• entrepreneur

• goods

The number of people who want to buy the product

• consumer

• services

• supply

• demand