Economics Review

Water, air, clothing, food and shelter are examples of _____________.

• Wants
• Resources
• Needs
• Taxes

__________ are something that a country uses to make products.

• Wants
• Resources
• Needs
• Taxes

__________ resources are the workers or people that make the goods or provide the services.

• Natural
• Capital
• Human
• Interrelated

__________ resources are the tools that are used to make or produce goods.

• Natural
• Capital
• Human
• Interrelated

A lumberjack is cutting down trees with an ax. Trees are an example of __________ resources.

• natural
• capital
• human
• interrelated

A lumberjack is cutting down trees with an ax. The ax is an example of a __________ resource.

• natural
• capital
• human
• interrelated

A lumberjack is cutting down trees with an ax. The lumberjack is an example of a __________ resource.

• natural
• capital
• human
• interrelated

Who buys goods and services?

• Services
• Goods
• Consumers
• Producers

People that make goods and/or provide services are __________.

• services
• goods
• consumers
• producers

A dentist provides a __________ to his or her patients.

• service
• good
• consumer
• producer