Lesson 1, Topic 1
In Progress

Logistics – Are we running out of things?

Vocabulary

demand is a need for goods to be sold or supplied.

supply is a stock of goods available for use.

shortage is a situation when there’s a lack of something you need.

excess is when there is more of something than you need.

spike is a sudden and considerable increase.

surge is a sudden and considerable increase.

stock means available goods, supplies.

warehouse is a place to store goods, supplies.