Resources and Economics

I am something that you must have in order to survive. What am I?

• want

• need

• good

• service

I am something that you want OR need. You can TOUCH me and buy me at the store. What am I?

• need

• want

• good

• service

I am something that you would like to have but do not have to have in order to survive. What am I?

• need

• good

• want

• service

I am what someone does for you that either you cannot do for yourself or you do not want to do. What am I?

• need

• good

• want

• service

My mom and dad buy things from the store. They are examples of:

• producers

• consumers

• services

This morning for breakfast I wanted toast but there wasn't any bread so I had to go without. This is an example of:

• specialization

• producers

• scarcity

Iron Town Pasties ONLY makes/sells pasties, they are an example of:

• specialization

• scarcity

• consumers

A factory worker, carpenter, baker, and mechanic are all examples of:

• goods

• producers

• consumers

Mary has been saving for a barbie doll. She goes to the store and sees a game she also wants to buy but she can't have both. She gets the game, so the opportunity cost is the:

• game

• barbie doll

• target

Which place provides BOTH goods and services?

• Church

• Doctor's Office

• Gas Station