Market Day Vocabulary

Demand

• The number of people who want to buy a product

• The amount of money you have

• The amount of a product that is made

• The products made to sell to consumers

Goods

• A plan for spending money

• The one who buys a product or a

  service

• The products made to sell to consumers

• The number of people who want

  to buy the product

Producer

• Someone who creates content for television

• Money earned

• The amount of a product that is

  made

• One who provides a good or

  service for someone else

Supply

• How much you need to buy something

• The amount of a product that is

  made

• A job done by a producer for a

  consumer

• The number of people who want

  to buy the product

Entrepreneur

• The amount of a product that is

  made

• The number of people who want

  to buy the product

• A person who buys a good

• A person who opens a

  business

Service

• A job done by a producer for a

  consumer

• When you help other people

• Products made to sell to

  consumers

• One who buys a product or a

  service

Business License

• Something you need to drive

• A plan for spending money

• Approval from

  government officials to run a business

• Things needed to run a

  business

Consumer

• One who provides a good or

  service for someone else

• The number of people who want

  to buy the product

• The amount of product you have

• One who buys a product or a

  service

Resources

• A plan for spending money

• Things needed to run a

  business

• The amount of a product that is

  made

• Things found in our enviornment

Income

• The amount of product made

• Money earned

• The amount of money used to make a product

• Money spend