| Term | Definition |
|---|
| corn and hogs | two major goods that early Hoosier settlers shipped down the Ohio River on flatboats |
| prices increase | when supplies go down and demand increases |
| prices decrease | when supplies go up and demand decreases |
| flint blades and animal skins | used as money by Paleo Indians |
| barter system | Pioneers sometimes used this system to trade goods instead of using money |
| debit card | card used today that draws money out of a bank account |
| Toyota Motor Corporation | example of a foreign-owned company that manufactures goods in Indiana |
| profit | money made from selling a good or service minus the cost of making the good or service |
| savings plan | saving a certain amount each week in a savings account |
| modern farm machines such as combines | allow one farmer to grow as much food as several farmers could have done in the past |
| Eli Lilly | one Indiana business owner who helped change the state by selling medicines all over the world |
| Indiana taxes | pay for roads and schools |
| Indiana limestone and steel beams | goods produced in Indiana that are used for building materials all over the world |
| new inventions | allow factories to produce much more than they could long ago |
| Ball and Studebaker | two companies that were started by people from Indiana |
Combine with other sets
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