Glossary For Trade Flashcards
1
Q
Barter
A
A way of swopping goods of equal value.
2
Q
Consumers
A
People who buy or use things.
3
Q
Exchange
A
Give something and receive something in return.
4
Q
Export goods
A
Sold to other countries.
5
Q
Exploitation
A
Treat people in selfish or unfair way.
6
Q
Factories
A
Buildings where raw materials are made into products.
7
Q
Fair Trade
A
When you exchange or sell something for a fair price.
8
Q
Goods
A
Something people sell or buy.
9
Q
Imports
A
Goods brought from other countries.
10
Q
Labour
A
Name for work or workers.
11
Q
Manufactured goods
A
products made in factories.
12
Q
Mineral
A
Natural substance mined from the Earth.
13
Q
Natural Resources
A
Things that we use from nature.
14
Q
Primary Products
A
Raw materials from nature.
15
Q
Raw Materials
A
Things from nature.
