Economy

Front

A person or company who makes a good or a service to sell to others

Back

producer

Front

The use of public notices to bring attention to a product or service. (Hint they want you to buy.)

Back

advertising

Front

The difference between a business’s total sales and the business’s total expenses.

Back

profit

Front

Which of the following is an example of a need? clothing, soccer ball, skateboard, laptop computer game

Back

clothing

Front

Which is not an example of the government providing a public service? Options: roads, schools, mail delivery, Pizza delivery

Back

Pizza delivery

Front

Which sector provides the most full-time jobs in the United States? Options: Construction, Manufacturing, Agriculture, Service

Back

Service

Front

Which sector provides about 7 million full-time jobs in the United States? Options: Construction, Manufacturing, Agriculture, Service

Back

Construction

Front

What term means that the amount of a resource is limited?

Back

scarcity

Front

When someone buys a product they are called a...

Back

consumer

Front

Which is the difference between a free market economy and a command economy?

Back

In a free market economy, producers decide which goods and services will be created. In a command economy, the government decides.