We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byDominic Kearney
Modified over 3 years ago
Third Grade Economy
A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods
GOOD JOB! D) Goods
A:B: ServicesConsumers 2. What is the name of people or businesses that do something to help people? C:D: ProducersGoods
GOOD JOB! A) Services
A:B: GovernmentEconomy 3. What is the term for the way a country produces and uses its money? C:D: GoodsServices
GOOD JOB! B) Economy
A:B: ConsumerProducer 4. What is the name of someone who grows or makes something to sell to other people or business? C:D: GoodsServices
GOOD JOB! B) Producer
A:B: GoodsProducers 5. What is the name of the person or people who buy goods and services? C:D: ConsumersServices
GOOD JOB! C) Consumers
A:B: SupplyDemand 6. What is the term for the amount of goods available to sell? C:D: ProducerConsumer
GOOD JOB! A) Supply
A:B: Human Resources 7. What is the term for the workers at a workplace Example: teachers, doctors, and sales clerks C:D: ProducerDemand Capital Resources
GOOD JOB! B) Human Resources
A:B: The price will stay the same. The price will go up. 8. What happens when the supply of an object is greater than the demand? (Too much stuff left over and no one wants it.) C:D: The price will go down.It means they sold out of that object.
GOOD JOB! C) The price will go down.
A:B: TaxOpportunity Cost 9. What is the name for the shortage of a good or service in the marketplace? C:D: EconomyScarcity
GOOD JOB! D) Scarcity
A:B: ExpensesBudget 10. This is a plan that helps you decide how to use your money. C:D: IncomeConsumers
GOOD JOB! B) Budget
A:B: IncomeBudget 11. What is the name for the money you earn for doing a job? C:D: ExpensesTax
GOOD JOB! A) Income
A:B: BudgetIncome 12. This is the name for things that money is spent on. C:D: ExpensesConsumers
GOOD JOB! C) Expenses
A:B: TeacherBaker C:D: DoctorPolice Officer 13. Look at the choices below. Which person provides goods?
GOOD JOB! B) baker
A:B: treeschairs 14. Look at the choices below. Which is a natural resource? C:D: truckstelevisions
GOOD JOB! A) trees
That is incorrect. Please try again.
A:B: Human ResourcesCapital Resources 15. What is the term for the tools, equipment, and buildings we use to help produce things. Examples: trucks, computers, cash registers C:D: ExpenseIncome
Answer: B) Capital Resources
Great Job!!!! Great Job!!!! Thanks for playing! Thanks for playing!
Economics Review Mrs. Slaggies Third Grade. A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods.
Economics Review Mrs. Slaggie’s GEO. A:B: ServicesProducers 1. What is a name for things people make or grow? C:D: ConsumersGoods.
Economy The amount of money and the way it is spent in a country. Is there a lot of spending money or a little bit of spending money? If people in a country.
Teacher Name Class / Subject Date A:B: Write an answer here #1 Write your question Here C:D: Write an answer here.
5.9 + = 10 a)3.6 b)4.1 c)5.3 Question 1: Good Answer!! Well Done!! = 10 Question 1:
1 Foundations of Business In order to appreciate and make informed decisions in the world around them, students will need to establish a basic business/economic.
Unit 4 4 th Grade Social Studies Vocabulary Click here to go to begin Click here to go to begin.
Economics Review Mrs. Slaggie’s GEO. A:B: They get married later. They have fewer babies and space them apart. 1.What happens in developing countries.
Chapter 1: What is Economics? Section 1. Slide 2 Copyright © Pearson Education, Inc.Chapter 1, Section 1 Objectives 1.Explain why scarcity and choice.
3 rd Grade Economics Picture Vocabulary. 3 rd Grade Economics Vocabulary ProductServicePrice EconomicsConsumerSupply AdvertisementTrade-OffDemand Opportunity.
5 th Grade Social Studies Economics. 1. People play different roles in economics __ producer, provider, consumer, and investor. The person working at.
Chapter 2 Economic Resources and Systems. Factors of Production Just as individuals have to deal with a shortage of resources, so do societies A society.
Think of something you would like to buy. Do you know who makes it? Do you know its price? Buying, selling, and deciding on prices are important ideas.
MILLIONAIRE SCOREBOARD $100 $200 $300 $500 $1,000 $2,000 $4,000 $8,000 $16,000 $32,000 $64,000 $125,000 $250,000 $500,000 $1 MILLION Click the $ for.
Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:
3 rd Grade Economics Picture Vocabulary. What do we call the study of how people produce, sell, and buy products and services? _______________________________.
What is Economics? Lesson 1 Essential Questions: Why and how do people make economic choices? How do economic systems influence societies? It Matters.
Economics -Economics -the system that society uses to produce and distribute goods and services -Why study economics??? -Why does the government pay so.
Chapter 2 Economic Resources and Systems Section 2.2 Economic Systems.
Basic Economics. Economics Definition: The study of how individuals and groups of individuals strive to satisfy their needs and wants by making choices.
Flashcards? Lets Get Started. Question 1 Get Answer.
Economics Test Review. To sell goods and services in another country.
ECONOMIES OF THE WORLD! … and the questions they each have to answer. Intro to Economics.
Free Enterprise 3 rd grade. Free enterprise The freedom to start a business and sell, for profit, any product or service allowed by law.
JA Our Nation Name Title Company. JA Our Nation Session One Objectives: Free to Choose Your Work or Business Identify the characteristics of a free market.
Chapter 2 Economic Resources and Systems. 2.1 Economic Resources Societies have to deal with shortages of resources just as individuals do. Lack of resources.
LCJSMS WE THE STUDENTS 8 TH GRADE 2013 Economics.
HOMER PRICE “ The Doughnuts” By Robert McCloskey.
Chapter 2 Economic Systems and Resources. Scarcity A shortage of resources is called scarcity. A basic economic problem for any society is how to manage.
Chapter 13 Our Economic System Chapter 13 Our Economic System Lesson 13.1 The Free Enterprise System Lesson 13.1 The Free Enterprise System.
US Economy Free Enterprise System. What is an economy? An economy is the resources of a country, state, region, or community and how the resources are.
Social Studies: Chapter 6 Hosted by Mrs. Tweedie.
Law of Demand ~ the amount of a product people will buy at different prices $20 $18 $16 $14 $12 $10 $8 $6 Demand Curve (D)
Instructions To use this template: –for each slide write the correct answer on the orange bar first –choose which option (A,B,C or D) and make sure you.
Good Anything that can be grown or manufactured (made) Food Clothes Cars.
Supply Amount of goods and services producers are willing to make and sell.
2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Microeconomics U.S. Macroeconomics.
Social Studies Unit Economic Understandings By Ms. Cuthrell.
The Harnessed Atom Lesson Nine Energy And You. What you need to know about Energy Decision-making: Standard of living Economics – Supply and demand Informed.
Economic Systems Section 2.2 Scarcity of economic resources forces every country to develop an economic system that determines how resources will be used.
Chapter 2 Economic Resources and Systems. Economic Resources Making Economic Decisions Scarcity – The inability to satisfy all of everybody’s wants.
U. S. Economic Systems Key Terms Mrs. Wilson Career & Financial Management Rocky Point High School.
Economic Concepts Review. Factors of Production Economic Types SupplyDemandMixed Bag
Chapter 5 Producers and Consumers A:B: Makes or sells goods and services Buys goods and services What does a producer do? C:D: Builds factoriesLeads.
Chapter 2 Economic Resources And Systems. scarcity: a shortage of resources A basic economic problem is how to manage resources. factors of production:
© Mark E. Damon - All Rights Reserved Another Presentation © All rights Reserved.
Do Now:What do you think this quote means? “There’s no such thing as a free lunch.”
2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt “ I ” See Starts with “S” “W” OW.
Jeopardy Resources 1 Goods & Services Type of economy Misc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy Resources.
Chapter 2. A. A shortage of resources used to satisfy the wants and needs B. Basic economic problem for any society is how to manage its resources. C.
© 2017 SlidePlayer.com Inc. All rights reserved.