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