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Economics

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  • What does the government collect to help pay for government services?
    Taxes
  • Is this good from a Farm or Factory? Bike
    Factory
  • Things that you would like to have are called...
    Wants
  • Is this good from a Farm or Factory? Apples
    Farms
  • Want or Need? Pokemon Cards
    Want
  • Things that you need to stay alive are called...
    Needs
  • A Producer provides .... (Goods or Services)
    Goods
  • Is this good from a Farm or Factory? Chicken
    Farm
  • A Farmer is a job that provides a Good or a Service?
    Good
  • Why do people work?
    To buy goods and services that meet their wants and needs
  • A Baker is a job that provides a Good or a Service?
    Good
  • Why do people pay taxes?
    To pay for public services
  • Want or Need? Eggs
    Need
  • Peter makes T-shirts and sells them online to make money. Peter is a ...
    Seller
  • Mary goes to Kroger for groceries for her family. She is a...
    Buyer
  • What is one thing that we use corn for?
    Cereal, gasoline, candy, popcorn
  • Is this good from a Farm or Factory? Milk
    Farm
  • Is this good from a Farm or Factory? TV
    Factory
  • Is this good from a Farm or Factory? iPhone
    Factory
  • A Hairstylist is a job that provides a Good or a Service?
    Service
  • Does this Good come from a Factory or a Farm? Bacon
    Farm
  • A Doctor is a job that provides a Good or a Service?
    Service
  • These are things you have to have to survive like water, shelter, clothes, food.
    These are called Needs!
  • Public services are paid for by the...
    Government
  • Is this good from a Farm or Factory? Doll
    Factory
  • These are things you want or wish for like an X-box, TV, toys, bikes.
    These are called Wants.