Resources
People cannot get everything they want or need because resources are _______________.
Limited or unlimited.
limited
I can put the money in my pocket and carry it because money is _____________.
portable
This bill comes from ______________.
The Caribbean
A ___________ is something that people can buy.
good
The paper factory can only make copy paper or art paper because there is a scarcity of ______________.
Time, money, or resources
resources
There are not enough resources for everything people want because of _________________.
Scarcity or trade
scarcity
My mom gives me $5 from her $20 because money is _____________.
divisible
This bill comes from _______.
A chef cooking food at the restaurant is providing a ____________.
Service
Country A produces a lot of fruit, however they do not produce many vegetables. Country B produces a lot of vegetables but not a lot of fruit. These two countries will most likely ______________ their resources.
trade
When there are many of something or in great size or amount means it is _____________.
Unlimited or limited
unlimited
I know when a dollar bill is from the Caribbean because money is ______________.
recognizable
This bill comes from _________.
Canada
When I go to Walmart and pay the groceries, I am the __________.
buyer
Bobby has a lot of pencils but not a lot of crayons. Susie has a lot of crayons but needs pencils. Bobby will __________ with Susie. Giving her pencils and getting crayons in return.
trade
Jen wants to go to the park and go bowling. She cannot do both because of a scarcity in ___________.
Time, money, or resources
time
I folded my $5 for the book fair and put it in my backpack. The money was okay because money is _________.
durable
This bill comes from ________.
Mexico
The person I am buying my coffee from is the __________.
seller
What are the three types of scarcity?
time, money, resources
Mark wants to buy a candy bar and buy popcorn for his snack. He can only choose one because he has a scarcity of ___________.
Time, money, or resources
money
What are the 4 characteristics of money?
portable, recognizable, divisible, durable
What currency from North America is called a peso?
Mexico
Give an example of a service you pay for.
hair dresser, carpet cleaner, lawn care, house cleaner, etc
When you can't get what you want but need to choose something else it is called a ____________.
trade off