WorksheetsEconomics Grundy
Total questions: 20
Worksheet time: 12mins
What are products we buy called?
services
economy
goods
consumer
What is the production, distribution, and consumption of products and services?
producer
consumer
goods
economy
Who grows and raises food or manufactures products?
producers
consumers
wants
natural resources
What is it called when people do things for us?
service
good
economy
abundance
Who are the people who buy and use products?
producers
abundance
scarcity
consumers
What are the things that we must have in order to live called?
natural resources
wants
needs
abundance
What are the things that come for NATURE called?
natural resources
wants
needs
goods
What is it called when you have more than enough?
service
producer
abundance
scarcity
What is a shortage of or lack of availability of products or natural resources called?
scarcity
abundance
economy
consumer
What are the things that we would LIKE to have called?
wants
needs
goods
abundance
abundance
having more than enough
scarcity
shortage of
natural resources
comes form nature
wants
things we would like to have
needs
things we must have in order to live
economy
production, distribution, and consumption of products
goods
products we buy
services
what other people do for us
producer
people who grow and raise food or manufacture a product
consumer
people who buy or use products
What is an example of a want?
air
water
I-pad
transportation
What is an example of a need?
PS5
Pokemon cards
Legos
Food
What is a farmer considered?
producer
goods
abundance
natural resources
When you shop in a store, what are you?
consumer
producer
natural resource
abundance
Which is a natural resource?
car
toys
water
computer
What is it called when a store has A LOT of one product?
scarcity
goods
abundance
services
What is it called when a store has VERY little of a product?
scarcity
goods
services
abundance
Getting a haircut is an example of a...
goods
producer
service
natural resources
