SS Unit 3a Vocabulary
__1. barterA. exchange of goods and services.
__2. budgetB. the plan for the management of resources.
__3. checkC. a promise of money from one person to another.
__4. consumerD. person that purchases a good or service.
__5. creditE. authorizes the holder to spend
__6. credit cardsF. amount of money a person is allowed to spend and
__7. denominationsG. sizes of money
__8. depositH. place ($) into the custody of a bank
__9. distributorsI. buy products from producers and sell to consumers
__10. economicsJ. study of the production, distribution, and use of products
__11. economyA. management of resources.
__12. estimateB. a projection of the cost of the service and supplies.
__13. financial institutionC. establishment dedicated to helping individuals/businesses
__14. free enterpriseD. system in which businesses are free to organize and
__15. goodsE. actual products that people buy and sell.
__16. interestsF. banks letting people borrow money.
__17. loansG. charge for borrowing money.
__18. lossH. to sell something for less and production cost.
__19. marketI. the group of people to whom the products and services are re
__20. market (place)J. where buyers and seller exchanging good and services.
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