Free Markets

The USA has a ______market, meaning we have the right to choose what and what not to buy.

• free
• rich
• low
• high

Goods are things people make or grow

• True
• False

Goods or services

• Good
• Service

Services are things people________ for others.

• burn
• provide
• demand
• market

The government collects_______ from goods and services, to provide citizens what they need.

• children
• supply
• demand
• taxes

When supply is low, the demand is usually_____

• low
• high
• sad
• money

As you get ready to purchase an item, you must make good ______________.

• laws
• taxes
• decisions
• supply

When the supply is too high, prices tend to________.

• increase
• decrease
• pay
• market

Goods or Services

• Good
• Service

In a free market, people are allowed to decide what to sell and _________

• when to eat it
• for what price
• take it to their moms
• for what to dance to