2nd Grade Economics VB

An example of a human resource is

• bananas^

• wood

• trees

• cashier

Which of the following is an example of a consumer

• a person who buys groceries

• A person who drives a bus

• A person who sells fruit

• A person who sells jewelry

Not being able to meet all wants and needs at the same time because resources are limited

• goods

• barter

• money

• scarcity

Which of these is a capital resource

• ocean

• doctor

• giraffes

• television

Which of these is a natural resource

• wood

• computer

• teacher

• television

All of these are a human resource except

• cashier

• hair dresser

• teacher

• truck

5 students want yogurt for lunch, but there is only 3 yogurt containers left. This is called

• bartering

• scarcity

• consumer

• producer

When you choose to buy ice cream over candy, this is an example of

• economic choice

• want

• scarcity

• need

People who work to produce goods and services are called

• human resources

• capital resources

• natural resources

• consumers

The exchange of goods and services without the use of money is called

• money

• bartering

• needs

• spending