Revenue
An income that a business has from its normal business activities
Real World Example
During the Global Age from 1420-1750, European countries sought new trade routes and resources in the Americas to increase their revenue, or income, from trade and colonization. This revenue was crucial for funding wars, building empires, and supporting the growing populations in Europe. The search for revenue led to the exchange of goods, ideas, and even the spread of diseases between Europe and the Americas. Today, the concept of revenue is still important as it helps businesses grow, pay employees, and contribute to the economy. For example, a local bakery generates revenue by selling bread and pastries, which allows it to pay its workers and buy ingredients, affecting the community by providing jobs and food.
