The Economy Then and Now

Which of the following is a NEED that all people have? (a)  

• TV
• food
• music
• video games

Which of the following is just a WANT that some people have, but is NOT a NEED for all people?

• air

• food

• water

• movies

Which of the following was an important need for ALL ancient cultures? (a)  

• mountains
• mud
• art
• water

Finish this statement: All of the ancient cultures that we studied (a)  

• fished and farmed
• built arches and aqueducts
• grew cotton
• mined gold

What are things that people MAKE or use to satisfy their wants?

• ships

• goods

• salt

• natural resources

What word means buying and selling things to produce goods and services? (a)  

• choice
• tools
• needs
• trade

Select the NATURAL resource.

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Select the HUMAN resource.

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Select the CAPITAL resource.

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Virginia borders the Atlantic Ocean. Many Virginians specialize in building __________________ to sell to other countries.

• bridges

• cars

• ships

• ladders