A
Home, Food, Water, Air, etc
All people have needs.
True
I want to ___ the money I earned on a new bike.
spend
Which is not a good?
tomatoes, television, books, air
air
True or False?
Producers grow or make goods that they want to use.
False
There are many people on the train today, so seats are ____.
need, want, resource, scarce
scarce
How do people get what they want and need?
Why do the Archers have to make a choice about what to do?
They only have enough money to do one thing.
An ____ is the thing you give up in order to get what you want.
opportunity cost
Feeling happy is a ____ of helping others in need.
Benefit
Which of the following is not an example of a natural resource?
Air, water, sunlight, trucks
Trucks
True or False?
People can get everything they need and want.
False
What do the Archers do after they talk about the benefits of each choice?
They talk about the costs of each choice.
What is an antonym for the underlined word?
Jane would be happy if she had an endless amount of money to buy anything he wants.
limited
What kind of resource are the people who work for Farmer Green?
Human Resource (MAN POWER)
Seeds are important ____ that farmers use to grow crops.
scarce, resource, want, limited
resource
Why doesn't the Archer family buy the board game?
They don't have enough resources (to buy both).
What do people make choices about every day?
How to use their resources.
Why does Farmer Green choose to grow strawberries?
She thinks she will sell more strawberries than blueberries because there are fewer strawberry farms.
How is earning an income important?
It lets people get the things they want.
Shelter is an example of a ____.
need
How does making a chart help the Archers?
The chart helps them make a choice.
How are producers and consumers different?
How can Farmer Green be a consumer?
He buys farm equipment.
A truck is a ____ that helps farmers carry harvest fruits to market.