When there is not enough and all wants can't be met, there is a _______ of resources.
What is scarcity?
100
Jobs that people do to help others.
What is services?
100
You are a _______ when you pay a movie ticket.
What is consumer?
200
What you CHOOSE TO HAVE.
What is economic choice?
200
A dentist is this kind of resource.
What is human resource?
200
This is a BUILDING where people PRODUCE goods.
A. Factory
B. Grocery Store
C. Mall
D. Bank
What is factory?
200
What are goods?
A. Things that people make.
B. Work people do.
What is things that people MAKE.
200
A construction worker is a _________.
What is producer?
300
What you LEAVE BEHIND
What is opportunity cost?
300
A computer is this kind of resource.
What is capital resource?
300
Trains and trucks are capital resources used for what?
What is transportation or delivery?
300
What are two things people can do with their income:
A. Buy goods
B. Save it
C. Use it to barter
What is buy goods or save it?
300
A lady having her teeth cleaned is a...
What is CONSUMER?
400
Coins, paper bills, and checks traded for goods and services.
What is money?
400
Name 2 capital resources a farmer uses.
What is (answers may vary)
400
Why do people sometimes have to pay a little more than the price of something?
What is taxes?
400
What are needs and what are wants?
shoes, rug, food, car
Needs: Food, Shoes
Wants: Rug, Car
400
A painter painting a house is a...
What is PRODUCER?
500
The money that someone earns.
What is income?
500
What are 2 natural resources used on a farm.
What is (answers may vary)
500
What are taxes used for?
What is government, schools, etc.
500
Name two service workers.
What is (answers will vary)
500
*** DAILY DOUBLE
What is the economic term that means, "Every person must do his or her part when specializing in a job task in order for production to happen successfully?"