Saving and Spending Money

What are products we buy called?

• services

• economy

• goods

• consumer

Who grows and raises food or manufactures products?

• producers

• consumers

• wants

• natural resources

What is it called when people do things for us?

• service

• good

• economy

• abundance

Who are the people who buy and use products?

• producers

• abundance

• scarcity

• consumers

What are the things that we must have in order to live called?

• natural resources

• wants

• needs

• abundance

What is a shortage of or lack of availability of products or natural resources called?

• scarcity

• abundance

• economy

• consumer

What are the things that we would LIKE to have called?

• wants

• needs

• goods

• abundance

What is an example of a want?

• air

• water

• I-pad

• transportation

What is an example of a need?

• PS5

• Pokemon cards

• Legos

• Food

What is a farmer considered?

• producer

• goods

• abundance

• natural resources