Economics

The exchange of goods and services without the use of money is called-

• Scarcity

• Productivity

• Barter

• Purchase

What is one reason people must make economic choices?

• Resources and goods and services are scarce

• There are enough goods and services for everyone

• They must choose the next government official

• They can spend more money

Who is a consumer?

• A person who makes things

• Someone who eats too much

• A person who uses goods and services

• Some who is part of an American Indian group

TITLE: _________________________

-Hammers

-Computers

-Trucks

What would be the best title for this list?

• Natural Resources

• Human Resources

• Capital Resources

• Reasons for Scarcity

What picture is a natural resource?

• 
• 
• 
• 

Which three types of money are used today in exchange for goods and services?

• Coins

• Furs

• Salt Slabs

• Dollar Bills

• Checks

Farmers, miners, builders, and painters are all examples of what type of resource?

• Human

• Capital

• Economic

• Natural

People who EAT ice cream are called

• Producers

• Consumers

Coal is an example of a natural resource because it -

• comes from nature

• is used to produce goods

• is used to produce services

• is made by people

Choose the two pictures that show bartering

• 
• 
• 
•