21.Economy- the large set of related economic production and consumption acitivities which aid in determining how resources are used.
-The economy has been down a lot lately which caused a lot of worries in the United States and other countries.
22.Economic System- the system of production, consumption, and distribution
- The economic system effects every type of buisness.
23.Supply and Demand-higher demand equals higher prices, then the supply increases which means lower prices.
-Walmatrs new product became very popular so the price when up, but when mass quantities were produced the price went back down.
24.Intrest- amount of extra money you pay when your in the process of paying something off.
- When i put money in the bank, I earn intrest while it is in there.
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