income | money that someone earns. Some of my family's income is used to buy shoes. (p. 104) | |||||
goods | Things that people make or grow. Many kinds of goods are sold in stores. (p. 104) | |||||
services | Jobs that people do to help others. A restaurant worker provides services. (p. 105) | |||||
tax | Money that is collected by a government. Some of our tax money will be used to build a new school. (p. 113) | |||||
factory | A builiding where people produce or proces goods. Juice is bottled in this factory. (p. 120) | |||||
trade | To buy, sell, or exchange goods. People can trade goods at a market. (p. 134) | |||||
transportation | A way of moving goods or people from place to place. An airplane is one kind of transportation. (p. 135) | |||||
barter | To trade goods or services for other goods or services without using money. People can barter to get what they need. (p. 138) |
Monday, April 8, 2013
Social Studies Vocab - April 8th
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