Chapter 2 Vocab

Goods

• jonah

• stuff

• something

• things that workers make or grow

service

• food

• things you make and grow

• work that people do

• dogs

consumer

• user of goods and services

• never uses anything

• something you eat

• something you plant

local

• things made in a factory far far away

• things made in China

• things made near where they are sold

• my neighbor

Producer

• GOD

• the maker of goods

• the buyer of all things

• an animal

import

• to bring good from another country

• to send stuff away

• to mail a letter

• to sell stuff

export

• to export a file

• to sell stuff

• to bring in goods

• to send out goods to another country

Human Resources

• a book

• a tree

• a person's talent or skill

• a dog

Capital Resource

• learning

• Human made items to make other goods or provide services

• basketballing

• cooking

Trade-Off

• to give up one thing for another

• to give a friend a cookie for fun

• to let your friend have the blooket you wanted

• to eat something