Economics!

The system of how money is earned and used within a particular country, state or region is called ________.

• education

• entertainment

• economics

True or False? Producers and consumers need each other.

• True

• False

Mr. Heckendorn pays for hockey lessons. Are the lessons a good or a service?

• good

• service

__________ buy a good or use a service.

• Producers

• Animals

• Consumers

True or false? A birthday cake is an example of a good.

• True

• False

Mrs. Harper likes to shop at Target. Is Target a producer or a consumer?

• producer

• consumer

People trade money for different goods and ________.

• computers

• puppies

• services

Ms. Hain buys a coffee from Starbucks. Is Ms. Hain a producer or a consumer?

• producer

• consumer

To ________ means to make a good or provide a service.

• produce

• eat

• consume

• read

Which is an example of an agricultural resource that contributes to North Carolina's economy?

• Christmas trees

• watermelon

• seafood

• all of the above