SS Unit 3 Review

Money you have to spend on goods and services.

• import

• budget

• barter

Items that you must have to survive.

• wants

• economics

• needs

The way people make and use their money.

• supply

• economics

• tax

Name 3 things you can do with your money.

• save, spend, share

• demand, goods, money

• dollars, coins, pennies

To get money for doing a job or service

• earn

• export

• tax

a durable and portable way to pay for a need or service

• supply

• needs

• money

Items that you would like to have

• wants

• needs

• producer

a lack of a needed resource

• budget

• scarcity

• money

people who purchase goods and services

• producer

• consumer

• supply

a country receives goods from another country

• import

• export

• lucky