Economics Review

What do we call the buying and selling of goods and services? (HInt: Name of our unit)

What do you call the goods and services we spend our money on?

Mrs. Dressel went to Panera for dinner. Mrs. Dressel's expense is a __________.

The fourth graders who took a risk by investing in Slime Shop would be an example of what?

What do you call the PERSON who makes goods or provides services?

Mrs. Dressel went to Panera with her daughter for dinner. The workers at Panera are __________.

If Janey and Holly helped make slime during Slime Shop, they would be an example of what?

Which factor of production would tables, measuring cups, and baggies belong?

What do you call the goods and services we would like to have?

What is a plan for spending money?

Mr. Rhodes paid Billy $5 to wash his car. Mr. Rhodes expense is an example of a __________.

What do you call money that is earned?

Mr. Rhodes paid Billy $5 to wash his car. Mr. Rhodes is the __________.

Mrs. Dressel went to Panera with her daughter for dinner. Mrs. Dressel is a __________.

Which of the following is a reason why some items might go on sale?

What do you call the basic items that people buy that they have to have?

Mr. Rhodes paid Billy $5 to wash his car. Billy is the __________.

What do you call an expense that is something someone does for someone?

Feeling good about having enough money to pay for your expenses is called?

What is a decision not to buy one thing, so that you can purchase another called?

How much goods and services are wanted is called what?

What do you call a PERSON who buys or uses goods and services?

Which of the following is a reason why some items might be expensive?

What do you call the expenses that are THINGS we buy?

What are examples of basic needs?