Study guide for Social Studies Unit 3.

You will need to know the following for the test:

income-money that people earn

goods- things people make or grow

services- jobs that people do to help others

tax- money that is collected by a government

factory- a building where people produce goods

trade- to buy, sell, or exchange goods

transportation- a way of moving goods or people from place to place

barter- to trade a good or service for another good or service without using money

compass rose- shows directions on a map, north, south, east, and west