GEOGRAPHY:ECONOMY

-Demand: the amount of a product or service that consumers purchase at a specified price

-Supply: the amount of a product that producers offer for sale at a specified price

-Entrepreneurship: the risk-taking resource

-Labor:mental and physical efforts of people applied to the production of goods and services

-Land:environmental resource

-Capital:money,buildings,and machinery and equipment used to to produce goods and services

-Retirement:the fact of stopping work because you have reached a particular age

-Salary:money that eployees recieved for doing their job,especially professional employees or people working in an office,usually paid every month

-Mining:extracting minerals from the Earth´s surface

-Livestock farming:refers to the breeding of animals to produce meat,milk,wool and leather,or to be used as labour.

-Forestry:involves using forests to obtain woos,cork,resin and firewood,as a grazing and hunting area,as well as for harvesting types or wild fruits.

-Aquaculture:breeding of aquatic species in underwater farms




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