Chapter 2 Pt2 Flashcards
1
Q
Save
A
To keep something to use later
2
Q
Borrow
A
To use something now and give it back later
3
Q
Demand
A
How many people want something
4
Q
Loan
A
Money that people borrow
5
Q
Trade
A
To buy, sell, or exchange goods or services with someone else
6
Q
Skill
A
Knowing how to do something
7
Q
Supply
A
How much there is of something
8
Q
Savings
A
Money that you do not spend right away
9
Q
Barter
A
To trade goods or services without using money
10
Q
Specialize
A
To do one thing very well