Vocab 1
Someone who makes or sells a product.
What is a producer?
A building where workers make goods.
What is a factory?
Get this treat at a place like Abbott's or Lugia's.
What is ice cream?
The person who delivers your mail.
What is mailman/woman/mail carrier?
The number of types of economies.
What is 3?
Someone who buys a good or service.
What is a consumer?
Pay for workers.
What are wages?
Get this at a place like Domino's or Mark's.
What is pizza?
Person who puts out fires.
A country that uses the market system.
What is the U.S., Chile, Mexico, Canada, or Brazil?
The workers needed to make and sell a good.
What are human resources?
The amount of a good or service that is available.
Get this dental cleaner at a place like Wegman's or Walmart.
What is toothpaste?
Person who checks your teeth.
What is a dentist?
Typically based on trading. Maintains traditions from one generation to the next.
What is traditional system?
Raw materials that come from the Earth.
What are natural resources?
What is demand?
Get this at a place like Toyota or Kia.
What is a car/vehicle?
Person who performs surgery.
What is a surgeon?
Government makes all the economic decisions.
What is command system?
Resources such as equipment and machines that help workers make goods.
What are capital resources?
All the companies that make the same product or provide the same service.
What is industry?
Get this slushee drink at a place like 7/11.
What is a Slurpee?
Person who drives you around.
A country that uses the command system.
What is Cuba, North Korea, or China?