2nd Grade Economics Review

In April, people buy eggs to decorate for Easter. Would the demand for eggs be higher/lower?

Which of the following is not a basic need?

People make ____________________ to obtain needs and wants.

Which of the following would be a need?

In the winter, the weather is cold. Would the supply of sun tan lotion be higher or lower?

Which one of these workers provides a good?

Sam went shopping at Wal-Mart. He decided to buy a new pair of sun shades. He was being a_.

Tylan was shopping a Dollar General. He bought a new pair of shoes? What is Tylan?

It's a really hot day. Would the demand for drinks be higher or lower?

The cost of something can also be called it's _________________________.

Barter is a synonym for which of the following words?

Jamie told Hayden that he would give him a lollipop for his candy bar. What is he doing?

The idea the consumers rule the marketplace is called _____________________________.

Which of the following goods are GROWN?

Donasia and Taylor make lemonade and sell it at their lemonade stand. What are they?

Which of the following would be an example of purchasing a service?