| Term | Definition |
|---|
| technology | The use of machines, tools, and materials to make products faster and more easily. |
| rural | in the country, an area away from cities and towns |
| international trade | trade between people in different countries |
| product | something that people make or grow often to sell |
| service | something one person does for another |
| competition | what happens when companies produce and sell the same product |
| raw materials | resources needed to make a product |
| human resources | the people who work for a company |
| demand | the need or desire that people have for a product or a service |
| wage | the money a worker is paid |
| producer | a person who makes a product |
| export | to send a product or resource from one country to be sold in another country |
| consumer | a person who buys a product or a service |
| import | to bring a product or resource into one country from another country |
Combine with other sets
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