Economics

A ___________ is anything that you buy that can be held or touch.

___________ are things you have to have to survive.

A person who buys a good or services is a _____________

An activity we pay for someone else to do for us is a ___________.

These things are considered needs:

• water

• food

• shelter

• Fortenite

______________ makes a good or provides a service.

These are considered natural resources:

• trees

• fossil fuels

• computers

• water

Anything that is needed to produce goods and/or services are __________

The exchange of goods and services for something else is called ________________.

When you don't have enough of what you need or want...

• bartering

• poverty

• scarcity

• shortage