12 terms

Making Big Bolstead Bucks

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Terms in this set (...)

capital
money or property used to start or run a business
capitalism
an economic system in which the means of production are controlled by companies or individuals rather than the government
consumers
people who buy or rent goods or services and use them
demand
the need or desire for a good or service among people who can pay for it
economy
the circulation f money in industry, trade, and finance in a country or area
entrepreneurial
of or relating to a person who takes on the risk of creating or managing a business
free market
an economic system in which individuals and businesses freely compete for customers
interest
money paid by a borrower for the use of loaned money
investor
a person, company, or organization that puts money into a business hoping to make a profit
products
things that are manufactured or produced, usually for sale
profit
the money earned from a business or investment after all costs are paid
supply
the amount of something available for sale or use