Economics

Air, shelter, and food are all examples of ______________

• needs

• wants

Someone who buys goods or services is called a ____________________

• producer

• consumer

Does this person provide a good or a service?

• goods
• service

Does this person provide a good or a service?

• good
• service

Does this person provide a good or a service?

• good
• service

Does this person provide a good or a service?

• good
• service

What is a want?

• A person
• Something you would like to have but don't need to live
• Purple
• Something you need to live

What is a service?

• A job
• Something someone does for you
• A need
• Something you do for another person

What is a good?

• A need
• A baseball game
• Things people do for money
• Things that people make or grow

What is a need?

• Nothing
• Something you have to have to live
• Something you would like to have
• Ice cream