Unit 6 Vocabulary

2. A tax or fee on imported goods
4. The total market value of all goods and services produced by a country’s economy during one year
5. Manufacturing goods for consumer purchase (Making)
8. The study of how people and countries make decisions about how to use their resources in the most efficient way
10. Resources supplied by nature that can be used to develop wealth for a country
11. Any physical manufactured asset used in work; includes buildings, machinery, vehicles, and technology
13. The increase in value in goods and services produced by an economy
14. A physical item that can be bought or sold ex: car, clothes, food
16. The difference of currency between two nations

1. A person who takes on the risk of owning and operating a business
3. A specific limit on the number of imports allowed to enter a country
6. Anything accepted as a means of exchange (money)
7. A government order that prohibits trade with other countries (stop)
9. When a country uses its natural resources and skills to produce goods efficiently; encourages trade between countries
12. People who perform labor: employees
15. Transporting goods to their final destination for consumer purchase (Moving)