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