Affect - to cause a change in; influence, Consumer - someone who uses/buys goods and services, Cost - the amount of money needed to make or produce something; the amount of money charged or paid for something, Decrease - to become less or smaller, Demand - the amount of goods or services that people want and can buy, Economy - the system of how money is made and used within a particular country or region, Free Enterprise System - an economy in which the people and private businesses decide what goods to make and buy and what work to do, Goods - things that workers make or grow, Price - the sum of money needed to buy an item or service, Producer - someone who makes or grows goods, Sell - to exchange with another for money, Service - work that people do for others, Supply - the amount of goods or services that people can sell,

Economics Vocab

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