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Econ 3rd Gr.

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  • A scooter is an example of a
    good
    service
  • What are consumers?
    Consumers make goods and services.
    Consumers buy goods and services.
  • A bus driver is an example of a __________
    service
    good
  • What are needs?
    What we need to learn: school, libraries, internet.
    What we need to survive: food, water, shelter, air.
  • I bought a cake for my daughter's birthday. A cake is a
    good
    service
  • What are wants?
    Something we need to survive
    Something we would like to have.
  • What do producers do?
    make goods
    buy goods
  • A haircut is a __________ that you can pay for.
    service
    good
  • A service is work that someone does for someone else. Which of these is a service?
    a coffee at Starbucks
    barber
    a donut at Dunkin Donuts
    lunch at McDonalds
  • The baker that made the cake I bought is an example of a
    producer
    consumer
  • Bread is a ______________ that I can buy at the bakery or at a market.
    service
    good
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