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Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

1) Which of these is a need?

a)

A. clean air

b)

B. new jeans

c)

C. cool sneakers

d)

D. your favorite candy

2.

2) Which of these is a want?

a)

A. food

b)

B. water

c)

C. shelter

d)

D. smartphone

3.

5) Which of these is an example of a good?

a)

A. a laptop

b)

B. an apple

c)

C. a backpack

d)

D. all of the above

4.

6) Which of these is NOT an example of a service?

a)

A. babysitting

b)

B. mowing the lawn

c)

C. a vase of flowers

d)

D. fixing your computer

5.

Which is a need?

a)

iPhone

b)

Medication

c)

Backpack

d)

Sunglasses

6.

Which of the following is NOT a need?

a)

Snacks

b)

Cleaning Supplies

c)

Toiletries

d)

Towels

7.

Which one of these items is a need and why?

a)

DVD's: to entertain you when you get bored

b)

a pool: to keep you cool and so you can relax

c)

a million dollars: so you can be rich and possibly famous

d)

a doctor: to provide medical help when needed

8.

The definition of a need is: Something that is essential for life and ________ to __________.

a)

necessary, survive

b)

essential, life

c)

necessary, essential

d)

essential, survive

9.
Doctor: Goods or Service?
a)
Goods
b)
Service
10.
iPhone: Goods or Service?
a)
Goods
b)
Service
11.
Does this person provide a good or a service?
a)
good
b)
service
12.
a)
good
b)
service
13.
You buy a book from a garage sale.
a)
Good
b)
Service
14.
Which is an example of a good?
a)
nurse
b)
mechanic
c)
basketball
d)
cook
15.

Human-made materials used to produce goods and services.

a)

capital goods

b)

land

c)

labor

d)

consumer goods

16.

Items for sale that can be touched or seen

a)

goods

b)

services

c)

demand

d)

profit