Economics Review

A lawn mower is an example of a..

• human resource

• natural resource

• capital resource

• consumer resource

What is a consumer?

• Someone who makes goods and services

• Someone who buys and uses goods and services

• Someone who likes goods and services

• Someone who trades

Bartering is...

• A person who makes an economic choice

• A type of resource

• The exchange of goods and services WITH money

• The exchange of goods and services WITHOUT money

Is this bartering or exchanging money?

• Bartering

• Exchange of money

Ms. Southers decided to save her money instead of buying a Starbucks coffee. This is an example of...

• A resource choice

• A production choice

• An economic choice

• A good citizen choice

What type of resource is this?

• Capital

• Human

• Natural

A person who makes goods and services is called a..

• consumer

• servicer

• barterer

• producer

The picture shows..

• bartering

• exchange of money

Select ALL of the natural resources

• 
• 
• 
• 

Why is coal considered a natural resource?

• it is made from materials in nature

• it is used to produce goods

• it is used to produce services

• it is made my people