1. 2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt “ I ” See Starts with “S” “W” OW You “C” All Mixed Up

2. Goods brought in from another country.

3. What are imports?

4. Payments received that may be spent or save.

5. What is income?

6. A charge you pay for a loan, or money you make by letting the bank use your money

7. What is interest?

8. An upward movement of the general level of prices—can pay more and get less

9. What is inflation?

10. Each country needs the other countries to meet the needs and wants of its people

11. What is interdependence?

12. Shares in a company that are sold to the public

13. What are stocks?

14. The amount of items produced for sale

15. What is supply?

16. The part of your income not spent on goods or services

17. What are savings or surplus?

18. When many people want something, but there is a limited supply Ohio State Football

19. What is scarcity or shortage?

20. When only a very few products are made instead of many different products

21. What is specialization?

22. Payment for your labor

23. What are wages?

24. The use of mental or physical effort to produce a good or service

25. What is work?

26. The international organization dealing with global rules for trade

27. What is the World Trade Organization?

28. All of your assets capable of earning an income

29. What is wealth?

30. The organization that gives capital to developing countries

31. What is the World Bank?

32. One who buys or uses goods or services

33. Who are consumers?

34. Contest between two companies to win more customers

35. What is competition?

36. The sole legal right to sell a good (think music)

37. What is copyright?

38. The links between raw materials, suppliers, manufacturers and retailers

39. What is the Chain of Distribution or the Circular Flow of the Economy

40. Items used by households

41. What are consumer goods?

42. Goods and services sold to other countries

43. What are exports?

44. Any object that is capable of satisfying a human want

45. What are goods?

46. Making large amounts of goods

47. What is manufacturing?

48. All natural resources (minerals and other raw materials )

49. What is land?

50. All human resources-- workers

51. What is labor?