Chapter 1 Lesson 4

Front

What happens in healthy economy?

Back

Businesses make money and many people are employed.

Front

What does scarcity mean?

Back

There is not a lot of something

Front

An allowance is an example of an...

Back

income

Front

America has imports and exports. What is an example of an import?

Back

coffee beans

Front

America has imports and exports. What is an example of an export?

Back

Wheat

Front

The government uses _________ to purchase the goods and services it needs to run the country.

Back

tax revenue

Front

What would the "D" on a quarter mean?

Back

It was made at the Denver mint.

Front

The economy affects people helping the community. Giving money, products, or services to a cause is called:

Back

donating

Front

Products in high demand and low supply will have a _________ price than those with high supply and low demand.

Back

higher

Front

An economy is

Back

The name of a system used to distribute resources to meet people’s wants and needs