4th grade Good, Services, Supply and demand.

Question 1

Which of the following people provide a service?

Accepted Answer

All of these people provide services.

Question 2

What is a good?

Accepted Answer

Something you buy and consume, something you can touch

Question 3

Which one of the following is NOT an example of a good?

Accepted Answer

Your car getting fixed

Question 4

Which of the following is an example of someone who provides a good and a service?

Accepted Answer

A baker

Question 5

What is a service?

Accepted Answer

Something someone does for you; something you can not touch

Question 6

A severe sustained downturn in economic activity that lasts for several years.

Accepted Answer

depression

Question 7

Which of the following is an example of a service that someone provides for you?

Accepted Answer

A painter painting your house

Question 8

How many people want the goods is called what?

Accepted Answer

demand

Question 9

What is a business?

Accepted Answer

A company that provides goods or services for people

Question 10

If there isn't enough of something available for sale it is ?

Accepted Answer

scarcity

Question 11

Something that you and your family spends money on and enjoys but does not need

Accepted Answer

want

Question 12

What is a consumer?

Accepted Answer

A person who buys goods and uses services

Question 13

What is an example of a good?

Accepted Answer

A tablet

Question 14

What is an example of a service?

Accepted Answer

Putting out a fire

Question 15

Something you and your family must have in order to live safe and healthy lives.

Accepted Answer

need

Questions 15