Economics

When people trade goods or service for something other than money, it is called ______________?

• goods

• supply

• demand

• bartering

A _____________ is someone who MAKES or SELLS a product.

• consumer

• producer

• services

• goods

A __________________ is someone who BUYS a good or service.

• consumer

• human resource

• demand

• supply

Food, toys, and school supplies are all examples of __________.

• goods

• services

• supply

• demand

Haircuts and car washes are examples of _____________.

• demand

• supply

• goods

• services

When a lot of people really want to buy an item at the store, that item is in high _______________.

• supply

• demand

• goods

• consumer

_____________ is how much a store has of an item.

• supply

• demand

• producer

• consumer

_______________ comes from the EARTH (dirt, oil, water).

• Human Resource

• Natural Resource

• Capital Resource

______________ are resources that last a long time and are used for businesses (buildings, machines)

• Capital Resource

• Human Resource

• Natural Resource

_____________ are resources that come from people (teachers, nurses, firefighters)

• Human Resources

• Capital Resources

• Natural Resources