Economics - 2nd Grade

This is something you would like to have, but you can live without it. 

This is when a producer provides a good or service. 

This is something that you buy and can carry out of the store. 

This is a person who buys and uses goods and services. 

This is when you pay for someone to do something for you. 

Water is an example of a...

Miners are examples of...

____________ are goods made by people to help produce more goods and services. 

Clothing is an example of a...

____________ are what producers need to make a product. 

Wood is an example of...

This is when people get goods and services they want legally without the use of money.

__________ is not being able to meet all the wants at the same time. 

Video games are an example of a...

This is something that you have to have in order to survive.

Getting your house painted is an example of a...

This is someone who uses resources to make or grow goods. 

A farmer growing potatoes is an example of a...

A mother grocery shopping is an example of a...

This is when a consumer really, really, wants to buy something.