supply
No Scarcity
Barter
free enterprise
Exchanging Money
Ships, Trains, and Airplanes
import
Service
Service
The price will be very high!
capital
Good
Good
producer
The assembly line helped him make cars faster and cheaper.
trade
budget
consumer
Service
Scarcity
Entreprenur
demand
export
The money you earn and the money you spend.
Import
Kaleb is eating lunch at school and runs out of carrot sticks. He gives Katie his grapes for some of her carrot sticks. Barter or Exchanging Money?
The desire or need for a product or service is called a . . ?
You went to Walmart to buy Easter candy. Did you get a good or a service?
A plan for using money is called . .?
To send a product or resource from one country to another to be sold is an . .?
The freedom to start a business and to make and sell for profit any product or service allowed by law is called a . .?
Your dad goes to Best Buy to purchase a new video game for your birthday. Does he get a good or a service?
Money that is used to start or add to a business is called . . ?
If there is a great demand for the newest PS4 game and there is a low supply of it, what will happen to the price of the game?
Give three ways goods are moved around the world?
The amount of goods offered for sale by a business is called . .?
You call the florist to send flowers to your grandma who lives in California for her birthday. Did you get a good or a service?
Payton just got a new Seattle Seahawk hat for her birthday. The product tag on it says 'Made in China'! Would the hat be an import or an export?
Someone who starts and runs a business is called an . . ?
Karis wants to bring bunny cookies for her class before Spring Break. She needs 25 cookies. Her mom says she baked 30 cookies. Scarcity or No Scarcity?
Mrs. Giles pays $30 each week to have her lawn mowed in the summer. Does she get a good or a service?
Josie is hungry for some candy. She goes to the store and buys a bag of Snickers for $2.98. Barter or Exchanging Money?
Your mom takes you to the dentist to get your tooth filled because you have a cavity. Did you get a good or a service?
A person who buys a product is called a . .?
Aden and Trevor want to buy 10 cans of soda. There are only 6 cans of soda left. Scarcity or No Scarcity?
To bring in products and resources from another country to sell is an . . ?
Why was Henry Ford able to sell more cars at a lower price?
The exchange of one kind of product or service for another is known as . . ?
When planning a budget, what two things should you include?
Someone who makes a product is called a . . ?
