Earning, Saving, Spending, Donating

a plan with how you use your income

• budget

• producer

• saving

income not spent

• earning

• spending

• saving

To make money/salary

• saving

• budget

• earning

purchases goods and services for personal use

• donating

• producer

• consumer

a government fee added to the cost of goods and services

• tax

• profit

• product

Money added to pay for government services is a _________?

• tax
• scarcity 
• demand 

Jobs that people do for others?

• Resource
• Services
• Producers 

The amount of a good or service that is available to consumers

• Supply
• Demand
• Saver
• Spender

What happens to the price of objects when the demand for them decreases?

• The price will go down
• The price will go up
• The price will stay the same
• They will be free

Physical items that you can touch and see are called:

• Goods
• Needs
• Services
• Wants