Producing and Consuming Goods

Things that people make or sell for sale are known as

• Goods

• Producing

• Consumer

• Non durable

Goods are ____________ that fulfil needs and wants of the people

• Consumer goods

• Seller

• Commodities

• Market

A person who makes and grows goods is called a

• Commodity

• Durable

• Supermarket

• Producer

Goods that satisfy the needs and wants of people are

• Consumer goods

• Producer goods

• Durable goods

• Non durable goods

When you buy candy, go to the movies, eat in a restaurant or get your teeth cleaned by a dentist, you are a ______

• Consumer

• Producer

The goods that are made or grown to produce other goods are called

• Producer goods

• Durable goods

What is a person who use goods?

• Consumer

• Baker

• Producer

• Seller

Capital resources are tools, equipment etc that are used to produce goods

• True

• False

Which of the following is an example of "goods"?

• A haircut

• A car

• A cleaning service

• A music concert

What is the study of "economics" about?

• The study of planets and their movements

• The study of historical events and their causes

• Producing, distributing and consuming goods and services

• The study of different cultures and societies