Basic economic concepts.

In the role of a . . . a person makes goods or produces services

• consumer

• producer

• customer

• supplier

the amount of something produced by a person, machine or industry

• output

• input

• outcome

The . . . sector of an economy consists of industries which provide services, such as transport or finance

• primary

• secondary

• tertiary

Tags

CCSS.RI.1.4

CCSS.RI.2.4

CCSS.RI.3.4

CCSS.RI.K.4

CCSS.RL.3.4

You should decide what changes to make in the negative budget if you want to reduce your . . .

• expenses

• incomes

• gains

We received a target . . . for research on human resources

• stipend

• scholarship

• grant

Tags

CCSS.RI.3.10

CCSS.RI.4.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

He lives on a single parents' . . . on a seventy pounds a week

• wage

• allowance

• fee

• scholarship

Tags

CCSS.L.5.5C

Goods that are used to produce other items are . . .

• capital goods

• consumer goods

• natural goods

money which one receives regularly, usually as payment for one's work or interest on investments

• salary

• income

• tuition

The condition in which something necessary, desirable or very useful is missing or wanted

• need

• necessity

• scarce

Tags

CCSS.RI.1.4

CCSS.RI.2.4

CCSS.RI.3.4

CCSS.RI.K.4

CCSS.RL.3.4

Changeable expenditures, ready to adapt to different circumstances

• optional expenses

• flexible expenses

• fixed expenses