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WorksheetsSS Chapter 3 Economics (MH, G3)
Total questions: 31
Worksheet time: 20mins
Something we have to have to survive is called a __________.
need
want
consumer
piggy bank
Something we would like to have is a _______________________,
need
want
consumer
producer
A house is a ...
need
want
service
Ice cream is a ....
need
want
producer
When I keep some of my money we call that______________.
spending
need
saving
want
When there is only a small amount of something we call that _____________________,
saving
wants
producers
scarcity
A new pet is a ....
need
want
producer
saving
I went to the store and bought apples and bananas. They are ___________________________.
needs
wants
services
savings
I got a new pair of skates. They are _________________.
needs
wants
consumers
savings
I bought some new jeans. Jeans are_____________________.
needs
wants
scarcity
producers
Someone who provides a service or makes a good.
Consumer
Need
Producer
Scarity
Someone who buys goods or services.
Consumer
Producer
Opportunity Cost
Scarcity
Something you must have in order to survive.
Want
Goods
Need
Services
Something that someone makes or builds that satisfies a need or want.
Target
Goods
Services
Opportunity Cost
An action that satisfies a need or a want.
Goods
Producer
Services
Target
Water, food, shelter
Scarcity
Needs
Opportunity Cost
Wants
There is not enough of a certain product.
Scarcity
Opportunity Cost
Consumer
Needs
Things that you have to give up to get something else you need.
Goods
Wants
Scarcity
Opportunity Cost
