| What is a 'benefit' (noun)? | What a person gains from buying something. |
| What is a 'consumer' (noun)? | Someone who buys goods and uses services. |
| What is 'cost' (noun)? | What a person gives up to buy something. |
| What is 'demand' (noun)? | The need or desire for a good or service. If there is a demand for something, many people need or want it. |
| What does 'earn' (verb) mean? | To get money for work done. |
| What is a 'good' (noun)? | A thing you can touch that can be bought and sold. |
| What is a 'market' (noun)? | Anywhere goods and services are bought and sold. |
| What is 'price' (noun)? | The amount of money people pay for a good or service. |
| What is a 'producer' (noun)? | Someone who makes a good or provides a service. |
| What is a 'resource' (noun)? | Things used to create goods and services. Can also be referred to as 'raw materials'. |
| What is a 'service' (noun)? | Work done by someone for others. |
| What is 'supply' (noun)? | The amount of a good or service available. |
| What is a 'supplier' (noun)? | A person or organisation that provides something needed such as a product or service. |
| What are 'raw materials' (noun)? | The basic material(s) from which a product is made. |
| What is a 'supply chain' (noun)? | The sequence of processes involved in the production and distribution of a product. |
| What is a 'manufacturer' (noun)? | A person or company that makes goods for sale. |
| What is a 'distributor' (noun)? | An agent who supplies goods to retailers. |
| What is an 'importer' (noun)? | A person or organisation that brings goods or services into a country from abroad for sale. |
| What is a 'wholesaler' (noun)? | A person or company that sells goods in large quantities at low prices, typically to retailers. |
| What is a 'retailer' (noun)? | A person or business that sells goods to the public in relatively small quantities for use or consumption rather than for resale. |
| What is 'trade' (noun)? | The exchange of goods and services for other goods and services or for money. |
