1. 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt Goods and Services Supply and demand ResourcesSavingsMiscellaneous

2. Objects that can satisfy peoples wants

3. What are goods?

4. Making decisions is also known as

5. What is a choice?

6. Activities that people do for others such as landscaping, pulling teeth, and cooking

7. What is a service?

8. Goods or services that are necessary for survival

9. What is a need?

10. Things that you would like to have

11. What is a want?

12. The person who purchases a good

13. What is a consumer?

14. Trading goods and services

15. What is an exchange?

16. A place where producers and consumers set their prices

17. What is the market?

18. The amount of product that exists

19. What is supply?

20. How many people want a product

21. What is demand?

22. Used by producers to make goods and services in order to satisfy customers wants

23. What are resources?

24. Gifts of nature

25. What is a natural resource?

26. People who actually do the work

27. What is a human resource?

28. Tools, machinery, and equipment used for goods and services

29. What is capital resources?

30. Exists when there are not enough resources to make all the goods and services people want or need

31. What is scarcity?

32. Putting money to the side or starting a bank Account in order to meet a goal

33. What is savings?

34. Saving money for a few weeks in order to buy a particular good

35. What is a short term goal?

36. Saving money for a long period of time in order to purchase an expensive item

37. What is a long term goal?

38. When a consumer decides what they are going to save their money to purchase

39. What is a savings goal?

40. The best alternative that must be given up when a choice is made

41. What is an opportunity cost?

42. A spending and savings plan

43. What is a budget?

44. Another word for trade

45. What is barter?

46. Shells, salt, gold

47. What are former currencies?

48. The attempt to impact or influence consumers

49. What is advertising?

50. Friends or others who try to persuade you to buy or do something

51. What is peer pressure?