GSW Week 3 Vocabulary Economic Sectors

Money owed to someone else is called _____________.

• Income
• Profit
• Debt
• Investment

A _________________ is a plan used to decide how money will be spent (noun), developing a plan for how money will be spent.

• budget
• car
• house
• book

People who buy goods or services are known as _____________________.

• Manufacturers
• Suppliers
• Consumers
• Distributors

People who make or grow things to sell to others are known as __________________.

• Consumers
• Distributors
• Retailers
• Producers

_____________ are things that you have to buy or pay for when you are producing something.

• Profits
• Investments
• Expenses

• Sales

______________________ are things we buy that can be seen and touched .

• Services
• Ideas
• Goods
• Thoughts