Fifty Nifty Econ-Level1

Things used to make goods and services.

• Resources
• Money
• Save
• Barter

To trade goods and services without the use of money

• Needs
• Wants 
• Barter
• Earn

A good used to buy other goods and services

• Choice
• Choice
• Barter
• Money

To receive money for doing work.

• Save
• Choice
• Earn
• Resources

To use money to buy goods and services.

• Spend
• Save
• Scarcity
• Services

To keep money to spend later

• Barter
• Goods
• Save
• Services

To make a decision

• Money
• Choice
• Barter
• Save

Activities that can satisfy people's wants

• Resources
• Goods
• Services
• None of these

Things that people like and desire

• Wants
• Needs
• Goods
• Services

When there is not enough for all who want it

• Save
• Spend
• Services
• Scarcity