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Social Studies Economics 3rd Grade Flashcards | StudBud

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What is a want?

Demand is...

Social Studies Economics 3rd Grade

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Questions 8

Answers

1
Demand is...
resources found in nature
something you need to survive
the amount producers create
the amount consumers are willing to pay
2
What is a want?
something used to enjoy life
something to help survive
something my mom has to buy
something made by a producer
3
A consumer is...
someone who makes goods or services
someone who buys goods or services
a building where workers make goods
the skills someone has at their job
4
What is a need?
something to help survive
something used to enjoy life
something sold to consumers
something made by producers
5
What is a producer?
someone who makes good or services
someone who buys goods or services
the amount someone pays for a good or service
a building where workers make goods
6
Economics is all about....
third grade
the human body
money
the environment
7
Supply is....
the amount producers make for consumers to buy
an assembly line
people who create a good
the amount consumers are willing to pay
8
An entrepreneur is...
a building where things are made
someone who works for a big company
a discussion about money
someone who starts their own business