Economics

Front

Things people would like to have

Back

Wants

Front

A plan for saving and spending money

Back

Budget

Front

What is a market?

Back

a place where buyers and sellers come together

Front

What is the meaning of Demand?

Back

the need or want for something.

Front

What is another word for a customer?

Back

buyer

Front

Which happens last? Tim gets a job walking his neighbors dogs. Tim wants to buy a gift for his dads birthday. Tim saves enough money to buy the gift. Tim saves two dollars every day from his job.

Back

Tim saves enough money to buy the gift.

Front

What would happen to the price of oranges at the farmers market next week due to the frost in Florida that caused farmers to lose half of their oranges?

Back

Make the price higher

Front

What happens to the price of something when the demand is low?

Back

The price goes down.

Front

In December in Ohio, the price for beach towels and sunscreen goes down. What is the reason for this?

Back

The demand is low

Front

Which is not an example of a service? Helping a parent with chores, Cleaning up the park, Mowing my neighbors grass

Back

Buying fruit at the grocery story