What are examples of services?

going to a doctor, dentist or mechanic

somebody who makes or grows goods or offers services.

Something that is desired, but not needed for survival

somebody that pays for goods and services

work that someone does for someone else

The amount of something available to consumers.

How much consumers want something.

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Third Grade Economics

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Questions 20

Answers

1
What are examples of services?
apples, oranges and pears
carrots, onions and potatoes
things that are made or grown
going to a doctor, dentist or mechanic
2
Which is an example of a producer?
shopper
farmer
a budget
a buyer
3
TRUE or FALSE: All businesses sell a goods.
TRUE
FALSE
4
What is a producer?
someone who buys goods or services
someone who grows fruit and vegetables
Someone who makes tables
somebody who makes or grows goods or offers services.
5
What is a want?
Something you need to survive.
the amount of something available to consumers
things that people sell
Something that is desired, but not needed for survival
6
How do people earn money?
buying food
by buying a car
by working
by paying bills
7
What is an example of a want?
air
an X-Box
food
clothing
8
What helps someone manage their money?
a budget
an expense
an income
a want
9
TRUE or FALSE: Dentists provide a service for consumers.
TRUE
FALSE
10
What are examples of goods?
consumers
going to a doctor
going to a dentist
clothes, computers and cars
11
What are goods?
work that someone does for someone else
something that isn't bad
things that are made or grown
something tasty
12
When the demand for something is high and there isn't enough supply, what can happen?
The price goes up
The price drops
The price goes lower
The price goes down
13
What is a consumer?
somebody that pays for goods and services
somebody who eats
someone wh obuys and uses goods
somebody that grows fruit
14
What are services?
things that are made or grown
something tasty
something that isn't bad
work that someone does for someone else
15
When the demand for something goes down and there is too much supply, what happens?
The price rises
The prices goes up
The price gets higher
The price is lowered
16
What is supply?
the demand
The amount of something available to consumers.
How much consumers want something
income
17
Which is an example of a consumer?
shopper
farmer
mechanic
factory
18
What is demand?
How much money someone makes.
How someone spends their money.
The amount of something that is available to consumers.
How much consumers want something.
19
What is an example of a natural resource used to make goods?
trees
paper
furniture
pencils
20
What is a need?
a bike
a car
a boat
food

Third Grade Economics Flashcards | StudBud