Glossary Terms:

Communities - What They Provide For Us

Glossary terms from:


Using advertisements (public notices, displays or presentations often based on celebrity endorsements, appeals to authority, bandwagon effects and attractive imagery) to promote the sale of goods or services.


A written order to a financial institution directing the financial institution to pay a stated amount of money, as instructed, from the customer's account.


Tangible objects that satisfy economic wants.


A piece of work usually done on order at an agreed-upon rate. Also a paid position of regular employment.


People and firms that use resources to make goods and services.


The basic kinds of resources used to produce goods and services: land or natural resources, human resources (including labor and entrepreneurship), and capital.


Activities performed by people, firms or government agencies to satisfy economic wants.


Effort applied to achieve a purpose or result, often for pay; skills and knowledge put to use to get something done; employment at a job or in a position; occupation, profession, business, trade, craft, etc.