Economics Vocabulary

barter

• trade

• sing

• dance

budget

• something that won't move

• the lottery

• a plan for spending money

currency

• News2You

• money a country uses

• the waves in the ocean

fee

• What the giant says

• What you pay someone to do something for you

• a little bug

global

• all over the world

• all over the Internet

• all over the school

interest

• money the bank gives you for free

• something I like

• extra money when you pay off debt

loan

• money you borrow from a person or bank

• a stomach problem

• a loud noise

natural resource

• something found in my car

• something found in the school

• something found in nature, like wood

products

• a store

• a thing that is made then sold

• paychecks

profit

• ending up with MORE money then you started with

• ending up with LESS money then you started with