Directions: Read the articles about "Needs and Wants" and answer the questions. Be prepared to discuss.
What are needs?
- Things that would be nice to have
- Things needed for survival
- I have no idea
Give me an example of needs.
What are wants?
- Things that would be nice to have
- Things needed for survival
- I have no idea
Give me an example of Wants.
Directions: Read the articles about "Goods and Services" and answer the questions. Be prepared to discuss.
Goods are...
- a task performed
- a physical product
- I have no idea
Give me an example of "Goods".
Services are....
- a task performed
- a physical product
- I have no idea.
Give me an example of a service.
Directions: Read the articles about "Consumers and Producers" and answer the questions. Be prepared to discuss.
What are Consumers?
- People that Pay for goods and services
- Someone who makes a good or provides a service.
- I have no idea.
Give me an exampe of a consumer.
What are Producers?
- People that Pay for goods and services
- Someone who makes a good or provides a service.
- I have no idea.
What is an example of a Producer?
Draw something you have learned. Be prepared to discuss.