Unit 6: Economics Review

What is a consumer?

• a person who takes things

• a person who purchases goods and services for personal use

• a person who takes good away

• the economic factors affecting the price, demand, and availability of a commodity

What is a producer?

• a person who gives goods away

• things people would like to have

• the exchanged of goods and services without the use of money

• a person, company, or country that makes grows, or supplies goods for sale

Basic things humans need to survive

• want

• import

• need

Extras that make life more enjoyable

• need

• want

• savings

not being able to meet all wants at the same time

• demand

• supply

• scarcity

Actions that people do for others

• goods

• services

• supply

The silk road starts in

• Wakanda

• China

• India

• Egypt

Where does the silk road ends?

• Peru

• Indian Ocean

• Europe

• Mediterranean Sea

The silk road connected........................

• The Zhou China in the north with the French Empire

• The Han China in the east with the Roman Empire in the west

• The Xia China in the eest ith the Egyptian empire

The Silk Road was what?

• One road that was the color of silk. 
• A network of roads used for trading.
• A road that only silk was traded on.
• The name of the first road in Asia.