Economics 3rd Grade (HES)

A supply is __________.

• Someone who gets paid to work.
• Amount of goods or services available.
• We are allowed to sell or buy what ever we want.
• A plan for earning, spending, and saving your money

We are allowed to buy or sell whatever we want.  This is an example of _____________.

• supply
• consumer
• free enterprise economy
• scarcity

Mrs. Jones gets paid to work at the bank.  She is an ____________.

• expense
• profit
• consumer
• employee

A farmer grows crops to sell.  The farmer is a _________.

• producer
• consumer
• need 
• want

Water, food, and shelter are examples of _________.

• wants
• services
• needs
• producers

Maria goes to the store to buy food.  Maria is a _____________.

• consumer
• producer
• supply
• employee

The way a place uses its money, goods, natural resources, and services is the _____________.

• budget
• expense
• scarcity
• economy

The U.S.A. brings in or __________ many goods from other countries.

• imports
• exports
• profit
• budget

A toy store sells video games.  Video games are an example of  ___________.

• services
• producers
• goods
• needs

The U.S.A. sends out or __________ many goods to other countries.

• imports
• exports
• profit
• barter