Economics Final

Which is a need?

• Coke a Cola

• Water

Air, shelter, and food are all examples of ______________

• needs

• wants

Someone who buys goods or services is called a ____________________

• producer

• consumer

_________ are the things that we may like to have but we don't need.

• wants

• needs

Is this brand of clothing a need or want?

• Need

• Want

What is a good?

• Things people do for money
• Things that people make or grow. Things that you can touch.

Your grandma takes your little brother to the eye doctor. She has to buy him a new pair of glasses.

• need

• want

A new play station came just game out in Walmart and you really want it!

• need

• want

A mechanic fixing your car is a good or a service?

• service
• good

What is a service?

• buying something
• a job that a person pays someone else to do