Satisfying Needs and Wants

Satisfying Needs and Wants

Assessment

Flashcard

Business

8th Grade

Practice Problem

Easy

Created by

Wayground Content

Used 1+ times

FREE Resource

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14 questions

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1.

FLASHCARD QUESTION

Front

____________ are things required in order to live.

Back

Needs

2.

FLASHCARD QUESTION

Front

Things available to be used to produce goods & services.

Back

Economic Resources

3.

FLASHCARD QUESTION

Front

Things that add comfort and pleasure to your life.

Back

Wants

4.

FLASHCARD QUESTION

Front

Activities provided for the satisfaction of others that are consumed at the same time they are produced. "Something other people do for you"

Back

Services

5.

FLASHCARD QUESTION

Front

Items for purchase that you can see and touch.

Back

Goods

6.

FLASHCARD QUESTION

Front

It is easy to determine the products and services that satisfy your needs and wants.

Back

False

7.

FLASHCARD QUESTION

Front

Which is an example of a Natural Resource? Options: Iron, A Doctor, A Factory, money

Back

Iron

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