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Economy Picture Dictionary

Explore essential economic concepts crucial for running a successful business. This guide covers terms like "Market," "Customer," "Price," and "Factory," each with definitions and practical sentences to illustrate their use. Learn how pricing affects sales, the role of factories in production, and the importance of a solid business plan. Whether you're opening a shop or selling products, understanding these terms will help you navigate the economy more effectively.

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Economy Picture Dictionary

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  1. EconomyPicture Dictionary By: Harry Song

  2. Sale ?????? Definition: Sell the prodects more cheaper. Sentence: I opened my cool shop but people said it’s so expensive so I sale my prodects.

  3. Market Noun Definition: It is a place that can buy something to customer and selling things to seller. Sentence: There are many things in the market.

  4. Expensive Definition: Not cheap. You need lots of money. Sentence: This ring is expensive.

  5. Sell Definition: Trade the prodect for money. Sentence: I will sell cool erasers at the market day.

  6. Factory Noun Definition: A place that make a prodects. Sentence: We went to Oishfactory.

  7. Business plan Noun Definition: It’s a plan that about your business. Sentence: I made a business plan to sell more prodects to customer.

  8. Customer Definition: people who going to buy something from seller. Sentence: This customer said “This food is really taste bad. Give me my money back. I will never come here again.”

  9. Price Definition: It’s a number that customer will buy prodectsfor this number of money. Sentence: I think this price is dosen’t make sence.

  10. Cost Verb Definition: It’s a price that customer will give to seller the money Sentence: The I-pad cost 1450 RMB.

  11. Company Definition: It is a group of people that making a prodects and sell to customers. Sentence: I want to go to Samsung company’s factory.

  12. Cash Definition: It is a same as a money. Sentence: I got lots of cash today.

  13. Booth Definition: A small place that sellers can sell something. Sentence: I will decorate my booth with nice pictures.

  14. saving Definition: Don’t use something and just keep it. Sentence: I’m saving my money.

  15. Supply

  16. Business

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