GOODS: Objects that have a use or value for the person who possesses them.
PRICE: Cost of a product or services.
RESOURCES: Thing a person or a country has that can be used for economic benefit.
FACTORS OF PRODUCTION: Resource used to produce goods or offer services.
SUPPLY: Goods and services that are available for sale.
DEMAND: The amount of a product or service that consumers purchase at a specified price.
ECONOMIC POLICY: Actions that governments take to organize the economy.
CONSUMER: Person who uses goods or services.
PROFIT: Difference between what it costs to make something or provide a service and what it is sold for.
INCOME: A company's profit in a particular period of time.
GENDER: The fact of being male or female, especially when considered with reference to social and cultural differences, not differences in biology.
RETIREMENT: The fact of stopping working because you have reached a particular age.
EMPLOYMENT: Work, especially when its done to earn money; the state of being employed.
ECONOMIC SECTORS: A part of an area of activity, especially of a country's economy.
SALARY: Money that employees received for doing their job. especially professional employees or people working in an office, usually paid every month.
WORKER STAFF: All the workers employed in an organization considered as a group.
OUTSOURCE: To arrange for somebody outside a company to do work or provide goods for the company.
CONTRACT: An official written agreement.
ILLEGAL: Not allowed by the law.
PRIMARY SECTOR: Activities involved in obtaining resources from raw materials. These activities are agriculture, livestock farming, fishing, forestry and mining. They are the oldest economic activities.
SECONDARY SECTOR: Activities involved in converting raw materials into manufactured products(industry) or building housing and infrastructure(motorways, reservoirs). They require a variety of energy resources.
TERTIARY SECTOR: Activities that provide services: education, healthcare, trade, tourism, transport...)
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