Chapter 5 - Key Terms - Flashcards in A Level and IB Economics

the movement of people and goods for personal and business reasons.

transport

1 of 6

means of transport e.g. road, rail, air and sea transport.

modeoftransport

2 of 6

anything that provides for the operation of transport.

infrastructure

3 of 6

demand that depends upon the final output that is produced

deriveddemand

4 of 6

sale of state-owned business activity to the private sector.

privatisation

5 of 6

a future estimate usually based on past information

forecast

6 of 6

Other cards in this set

means of transport e.g. road, rail, air and sea transport.

modeoftransport

anything that provides for the operation of transport.

demand that depends upon the final output that is produced

sale of state-owned business activity to the private sector.

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