Chapter 19; business credit and the economy; Personal Finance
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Created by:
sdlastrapes on November 10, 2010
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8 terms
Terms | Definitions |
|---|---|
 businesses use credit instead of _______ to purchase large amounts of goods | currency |
| Credit allows businesses to buy more goods at one time, which means they have more _____________ to sell | merchandise |
| Credit in important to the purchase and sale of goods and services in a ___________ | free market |
| Credit is important to the operation on the US ________ as a whole | economy |
| When consumers buy goods _______, the economy grows faster | sooner |
| The careful use of credit allows business to _________ more goods and services than when using currency | produce and sell |
| Careful use of credit allows our free market to function more effeciently and therefore, _________ more efficiently | grows |
| Growing our economy, provides jobs, and continues the ______________. | cycle |
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