Economics Vocabulary - DePaul University

[Pages:1]Economics Vocabulary

Here are some of the terms students need to know about economics. Choose the words your class will learn. Add more words,

too. Look at other grades to see if those words fit your grade, too.

K-1

2

3

4

5

6-8

6-8

bakery

buy

barter

agriculture

apprentice

boycott

interest

bank

coin

business

cattle

assembly line capital

invest

have

consumer

consumer

cargo

boom

capitalism

nonrenewable

help

crop

cost

cash crop

boycott

cash crop

per capita income

job

dollar

demand

commerce

cash crop

conservation

policy

money

factory

energy

communications depression

credit

profit

need

farm

government

food processing efficiency

currency

productivity

store

goods

health

employer

economy

debt

raw materials

street

machines

market

employment

export

development

single source

time

needs

mine

goods

housing

division of labor

economy

tool

office

price

harbor

import

economics

specialization

want wish work working

oil

pipeline producer

resource sell

service shopper

store tools

trade train

problem

producer railroad

resource service worker

shipping suburban

supply tax

trade transportation

harvest

income industry

labor land use

lumber meat packing

producer production

region service worker

industrial revolution

labor union market merchant monopoly poverty stock strike tariff technology unemployment

economist

efficiency embargo

excise financial

free enterprise gross national

product income tax

hunter and gatherer hydroelectric power

standard of living

subsistence economy

surplus tariff

taxation value

value added wealth

working conditions

truck

urban

shipment

industrialization

worker

workplace

transport system

inflation

union

interdependence

wage

More Resources:

Polk Bros. Foundation Teacher Leadership Network

DePaul Center for Urban Education ?2004 May be duplicated for use by Connections Schools.

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