Chapter 2 Pt2 Flashcards

1
Q

Save

A

To keep something to use later

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Borrow

A

To use something now and give it back later

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Demand

A

How many people want something

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Loan

A

Money that people borrow

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Trade

A

To buy, sell, or exchange goods or services with someone else

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Skill

A

Knowing how to do something

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Supply

A

How much there is of something

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Savings

A

Money that you do not spend right away

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Barter

A

To trade goods or services without using money

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Specialize

A

To do one thing very well

How well did you know this?
1
Not at all
2
3
4
5
Perfectly