Producer and Consumers test

Front

What kinds of goods and services are provided by businesses?

Back

private goods and services

Front

What types of goods and services are shared by a community?

Back

public goods and services

Front

How does the government pay for services provided to communities?

Back

taxes

Front

Who are the people who make goods or provide services for others?

Back

producers

Front

Who are the people who buy goods and services?

Back

consumers

Front

A baker is a ___________.

Back

producer and consumer

Front

Producers depend on __________ to meet their wants and needs.

Back

trade

Front

What determines what goods and services are produced?

Back

what consumers buy

Front

What does every community have different types of?

Back

economic activities

Front

Which economic activity is about creating new services and products? Options: agriculture, research and development, tourism, healthcare

Back

research and development