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Unit 3 - Social Studies Test

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  • What is income?
    Money that people can earn.
  • Jobs that people do to help others are called
    services
  • How do different countries connect with each other?
    transportation and trade
  • Wants are things that you
    would like to have
  • A building where people make and produce goods
    a factory
  • Is this a need or a want?
    need
  • Is this a need or a want?
    Need
  • What are 2 things people can do with their income
    spend it or save it
  • Are these goods or services?
    services
  • Are these goods or services?
    services
  • Goods are things that people can ...
    make or grow
  • Is this a need or a want?
    want
  • Is this a need or a want?
    want
  • When you buy, sell or exchange goods - that is called
    trade
  • Trading goods and services without using money.
    barter
  • Are these goods or services?
    goods
  • The money the government collects is called
    tax
  • Is this a need or a want?
    need
  • A way goods move from place to place
    transportation
  • Needs are things that you
    must have to survive
  • Is this a need or a want?
    need
  • Are these goods or services?
    goods
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