Economic System- A combination of the various agencies that provide economic structure.
Sentence- Without the economic system our goverment cant go anywhere.
Ecnomy- The large set of related economic production and consumption activities which aid in determining how resources are used.
Sentence- Our economy is filled with a variety of food courts when fair comes to town.
Inflation- Rising and falling of prices.
Sentence- During christmas there is a big inflation at the mall.
Supply and Demand- Price determintaion for murchindise in a market.
Sentence- Blairs was hard to set up becuase of Supply and Demand.
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