TERTIARY PRODUCTION - activities which involve the provision of services
SPECIALISATION - in business, the production of a limited range of goods
WANTS - human desires which are unlimited (infinite)
BUSINESS OR ENTERPRISE - an organisation whose principal economic purpose is to produce goods and services
ENTREPRENUER - an individual who, typically, sets up and runs a business and takes risks, associated with this
COPYRIGHT - legal ownership of material such as books, music and films which prevents those being copied by others
FRANCHISE - an agreement where a business (the FRANCHISOR) sells the rights to other businesses (the FRANCHISEE) allowing them to sell their products or use the company name and branding etc
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