Chapter 7 Lesson 3 Exchanging Goods and Services

When people ______, they use money to buy and sell goods and services.

• trade

• buy

• demand

• export

When people ______, they do not use money.

• trade

• supply

• barter

• demand

Money has _____ that everyone agrees on.

• value

• time

• trade

• barter

The amount of goods or services that people can sell is called the _______.

• import

• export

• money

• supply

The amount of goods or services that people want and can buy is called the ______.

• demand

• internet

• money

• export

To ______ means to bring products and resources INTO one country from another.

• export

• demand

• supply

• import

To ________means to SEND products and resources from one country to another.

• export

• buy

• internet

• money

A ____ _________ is an economy in which people and private businesses decide what goods to make and buy and what work to do.

• supply

• demand

• free enterprise

• united states

In a ____ ____, people and private business control supply and demand.

• government

• free market

• services

• country

_________ is a service.

• Transportation

• demand

• money

• internet