Economics-Making Choices

Which is an example of a good?

• a nurse

• a firefighter

• shoes

Which is a want?

• healthy food

• ice cream

• clean air

• water

Who provides goods?

• a farmer

• a firefighter

• a police officer

• a person who cuts hair

Which is a need?

• A TV

• A cell phone

• shelter/house

Who provides a service?

• A teacher

• A baker

• A farmer

A dentist provides...

• a good

• a service

_______ are things that are made or grown.

• Goods

• Services

_______ resources are people working to provides goods or services.

• Captial

• Human

• Natural

What type of resources are these?

• Capital Resources

• Human Resources

• Natural Resources

How do most people obtain goods and services today?

• Money

• Trading