Economics

The people who buy or purchase goods or services.

• services

• goods

• consumers

• producers

People that make or produce goods.

• services

• goods

• consumers

• producers

A teacher provides a _______ to his or her students.

• service

• good

• consumer

• producer

A farmer provides _______ such as vegetables for the consumer to buy.

• services

• goods

• consumer

• producer

Supply is how much of something is

• available

• wanted

• needed

• cheap

_________ is how much of something people want.

• supply

• demand

• services

• import

Items that we must have in order to survive are

• wants

• needs

• taxes

• services

Things that we desire or would like to have are called

• wants

• needs

• services

• currency

The government collects this to help pay for community buildings, services, and workers.

• needs

• trade

• taxes

• scarcity

When a state or country ships goods to other places to be traded:

• resources

• imports

• exports

• demand