J.A. Words Flashcards
Domestic trade
An exchange of goods or services with people and businesses in your own country.
Culture
The way of life of a group of people who share traditions, interests, beliefs, and everyday activities.
Economy
How a country manages its resources to produce and distribute products.
Ethics
A code of conduct that helps people determine what is good, right, and proper.
Export
A good or service sold to another country.
Goods
An item that can be bought and sold.
Manufacture
To make products by hand or machinery.
Respect
To feel or show honor for a person, her or his rights, and way of life.
Service
Work done by someone for someone.
Natural Resource
Something of value that can be useful (natural, human, capital)
Tariff
A tax on a good imported into a country
Trade
An exchange of a good or service.
Appreciate
To gain value.
Depreciate
To lose value.