Goods and Services: Intro

Look at the picture. The oranges are an example of....

• Human Resources

• Producers

• Goods

• Services

If you make a piece of furniture, walk a friend's dog, or shovel your neighbor's driveway, you are acting as a

• good

• consumer

• producer

• capital resource

The money that businesses have left after their cost are paid is called a...

• service

• consumer

• natural resource

• profit

When you pay for a haircut, you are purchasing a...

• good

• capital resource

• producer

• service

What term describes the people who work to produce goods and services?

• Capital Resources

• Human Resources

• Natural Resources

• Consumers

What is the role of a consumer in the economy?

• To manage resources

• To purchase and use goods and services

• To provide services

• To produce goods