Junior Achievement Flashcards
An exchange of good or services with people
And businesses in your own country
Domestic trade
The way of life of a group of people
Who share traditions, interests, beliefs and everyday activities.
Culture
How a country manages it’s resources to produce and distribute products
Economy
A code of conduct that helps determine what is good, right, and proper
Ethics
A good or service sold to another country
Export
An item that can be bought and sold
Good
To make products by hand or machinery
Manufacture
To feel or show honor for a person, his or her rights, and way of life
Respect
Work done for someone by someone
Service
The raw material necessary to
Make a finished product
Natural reapurce
A tax On a good
Imported into a country
Tariff
An exchange of a good
Or service
Trade
To gain value
Appreciate
To lose value
Depreciate
