Tools, machines, equipment, money, and factories used to make goods.

The way a place uses its money, good services, and natural resources.

Material found in nature that people can use.

The amount of goods and services that are available.

Sally goes to buy a hot chocolate every morning at the local donut shop. What is she?

Mrs. Bates is a teacher. She provides a

Mrs. Smith is a server at a local restaurant. In a business she is a _______

Many people want the latest video game. That means there is a big ……….

When the demand is high and the supply is low the price goes

At the bookstore you see a book you want to read and a magazine. The book would take all of your money. You buy the magazine. What is your opportunity cost?

Check ALL the answers that show a service

Choose 2 resources you would need to open a snow cone booth.