Economics

What is one example of a good?

• A haircut

• A bottle of water

• A ride in an Uber

• An education

Which is a want?

• A place to live

• Cookies at lunch

• Healthy food

• Water

What do you call a person who provides goods?

• A consumer

• A goods-provider

• A producer

• A policeman

Which person provides goods?

• A fireman

• A policeman

• A doctor

• A farmer

Which is a need?

• Water

• A trip to the movies

• Decorative houseplants

• Makeup

Who provides a service?

• A baker

• A teacher

• A builder

• A farmer

What do you call a product that is made for people to buy and use?

• A good

• A service

Max gave Ms. Kate a book in exchange for a cookie. This is an example of ____

• Trade

• Bartering

• Money

• Buying

What do you call the amount of a product available?

• Supply

• Service

• Demand

• Good

What do you call someone who buys and uses a good or service?

• A user

• A producer

• A consumer