Economics Flashcard (wants/needs, good/service, producer/consumer

Front

Which of the following is NOT an example of a service? dentist, teacher, farmer

Back

pencil

Front

On Saturday you bought an ice cream cone. Is the ice cream a good or service?

Back

good

Front

What goods might a chef need to do their job? Options: pencils, paper, and a calculator; balls, goals, and a whistle; pots, pans, and a stove

Back

pots, pans, and a stove

Front

What is a service?

Back

A job people do to help other people.

Front

Kelly bakes cookies to sell at her school's bake sale. Kelly is a _________.

Back

producer

Front

Cody is looking forward to buying a new soccer ball this summer. Is the soccer ball a want or a need?

Back

want

Front

Is the person in the picture a consumer or a producer?

Back

producer

Front

What is a consumer?

Back

A consumer is someone who buys goods or services.