Goods - things you buy, Services - something you pay a person or company to do, Consumer - someone who buys or uses something, Producer - someone who makes something to sell, Price - how much something costs, Profit - how much money I made. Revenue minus expenses., Economy - the system of buying and selling goods and services, Economic activity - the activity of buying and selling, Expenses - how much my business spent to produce a product, Revenue - How much money I got in all (before subtracting expenses), Loss - when my business spends more money than it made,

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