Ch7.3 Exchanging Goods and Services

Front

To use money to buy and sell goods and services?

Back

trade

Front

If the supply of something goes up, the price goes _____.

Back

down

Front

If they supply goes down, the price _____?

Back

might go up

Front

The amount of goods or services that people want and can buy

Back

demand

Front

To bring products and resources into one country from another

Back

import

Front

To send products and resources from one country to another country

Back

export

Front

An economy in which the people and private businesses decided what goods to make and buy

Back

free enterprise system