Economics

Air, shelter, and food are all examples of ______________

• needs

• wants

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

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

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

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

Tags

CCSS.RI.2.2

CCSS.RI.3.2

CCSS.RL.1.2

CCSS.RL.2.2

CCSS.RL.3.2

What is a service?

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

Tags

CCSS.RI.1.1

CCSS.RI.2.1

CCSS.RI.3.2

CCSS.RL.2.1

CCSS.RL.2.2

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

Tags

CCSS.RI.1.1

CCSS.RI.2.1

CCSS.RL.2.1

CCSS.RL.2.2

CCSS.RL.3.2