Economics (Good, services, consumer, producer, scarcity)

Match the definition to the vocabulary word.

• person who buys & uses goods or services

• Services

• things people make, use, buy (touchable)

• Producer

• activities or jobs people do

• Goods

• not able to meet all wants at one time

• Consumer

• person who makes or uses goods & service

• Scarcity

A worker in a restaurant who cooks food is a

• natural resource

• consumer

• producer

• scarcity

There are 15 students in Mrs. Brown's class. Which of the following shows scarcity in the classroom?

• 24 pairs of scissors

• 16 desks

• 12 rulers

• 100 erasers

Which of the following is an example of a consumer?

• A person who sells gas at the gas station.

• A person lives near a gas station.

• A person drives next to the gas station.

• A person buys gas at the gas stations.

7 students want pizza for lunch, but there are only 3 slices. This is an example of

• charging

• scarcity

• services

• wants

Mia cleans houses. Mia is an example of a

• good

• service

• scarcity

• money