Basic Economic Concepts
Flashcard
•
Social Studies
•
1st Grade
•
Practice Problem
•
Hard
Theresa Thomas
FREE Resource
Student preview
5 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Need
Back
A necessity or requirement for survival or well-being.
2.
FLASHCARD QUESTION
Front
Want
Back
A desire or wish for something that is not essential for survival.
3.
FLASHCARD QUESTION
Front
Good
Back
A tangible item that satisfies a need or want.
4.
FLASHCARD QUESTION
Front
Service
Back
An intangible activity or benefit provided to satisfy a need or want.
5.
FLASHCARD QUESTION
Front
Technology
Back
The application of scientific knowledge for practical purposes, especially in industry.
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