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10 terms

Leah's SS Unit 3

STUDY
PLAY
income
the money that people earn
factory
a building where people produce goods
goods
things that people make or grow
services
jobs that people do to help others
trade
to buy, sell or exchange goods
barter
to trade goods or services for other goods or services without using money
tax
money that is collected by the government
transportation
a way of moving goods or people form place to place
needs
things we must have to live
wants
goods and services people would like to have