Show:
What's in a Word?
Name that Resource
Who am I?
Can you Supply my Demand?
Saving or Spending
100
Making one kind of good or service
What is specialization?
100
Anything used to produce goods
What is a resource?
100
When you go to the store and buy a bag of potato chips, what are you called?
What is a consumer?
100
When supply of a product goes up, what happens to the price?
What is the price will go down?
100
To give money to a bank
What is a deposit?
200
The thing you give up when you buy something else
What is opportunity cost?
200
Which list shows only needs? a. nail polish, television, sweater b. sweater, water, apple c. shoes, shirt, necklace d. water, shirt, nail polish
What is B?
200
If I own a lemonade stand to sell lemonade, what am I called?
What is a producer?
200
How does demand affect prices?
What is high demand increases prices while low demand decreases prices?
200
When you borrow money from a bank, what happens?
What is they charge you interest until you pay it back?
300
Not having enough of something
What is scarcity?
300
Which item is not a service? a. haircut b. piano lesson c. car wash d. a pack of gum
What is D?
300
Teresa buys a candy bar at a store, what is she called?
What is a consumer?
300
A store is running low on sunscreen, what is the supply and demand for sunscreen?
What is the demand is high and the supply is low?
300
Tea leaves do not make a good form of money because they are NOT:
What is durable?
400
Depending on others to produce things that you need
What is interdependence?
400
Eggs and butter are what kind of resource?
What is a natural resource?
400
Joe earned $10 for washing his dad's car, what is he called?
What is a producer?
400
In November, what will probably happen to the price of Halloween costumes? Why?
What is the price will go down because demand will go down after Halloween?
400
Giant rocks do not make a good form of money because large rocks are NOT:
What is portable?
500
A country's system of money
What is currency?
500
An oven, spoon and a mixer are what kind of resource?
What is capital resource?
500
Logan is baking a cake for a friend's birthday and he bought all of the ingredients himself, is he a producer, consumer or both?
What is both?
500
How does advertising affect the demand for a product?
What is it makes the demand go up?
500
The United States is the only country in the world that has money called dollars (True or False)
What is False?