Chap 4 Vocab

2. Someone who buys or uses goods and services
3. The amount of a particular good or service that consumers desire
4. A shortage
7. A rise in the usual price of many goods and services
10. A process in which each worker performs a single step in production
13. A free enterprise system in which supply and demand determines goods and services
15. The amount of goods or services company workers can make or provide
16. Something that encourages one to take an action or do something

1. A country's money
5. The money a person or business earns for doing a job or providing a good or service
6. New inventions or ideas
8. The land or goods that people or companies own
9. A small fee paid to bank customers in exchange for allowing the bank to use their money; a fee charged by banks for borrowing money
11. To bring something in from another country for sale or trade
12. A person who makes goods or services to sell
14. The use of public notices to bring attention to a product or service