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Economy 2020
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Police, Teachers, Soldiers, EMS
Public Sector
Walmart, Subway, Dollar Tree, Food Lion
Private Sector
to take money out of a bank account
withdraw
Money that a bank keeps and does not lend out
reserve
refers to the entire activity of buying and selling that takes place out in the world
market
all things used in producing goods and services
resources
a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.
loan
the action or process of investing money for profit or material result.
investment
rising prices over time
inflation
A person who organizes, manages, and takes on the risks of a business.
Entrepreneur
to put money into an account
deposit
money for investment
capital
a medium of exchange that sets a common standard of value
money
The limited amount of resources available
scarcity
The number of consumers who want the goods or services
demand
The amount of goods or services that are available
supply
Someone who makes a good or service
producer
Someone who acquires a good or service
consumer
The way goods and services are produced and consumed
economy
A person's source of money, dependent on the ability to produce
income
The fee charged for the right to borrow money
interest
Coins and paper money printed by the government
currency
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