| Question | Answer |
| What is it called when you do a certain job? | Specialize
|
There are 4 children and 3 cookies. Everyone wants a cookie. What is this an example of? | scarcity
| A person who makes a good or provides a service is called a ________. | producer
| A doctor is an example of someone who provides a _________. | service
| If I have to choose between going to the movies or the amusement park, the best thing I give up is called__________ ___________. | opportunity cost
| When you have to decide what things you want and what you will give up you make a _________________. | choice
| Things we find in nature to help produce goods and services are ________ ___________. | natural resources
| Milking machines and delivery trucks are examples of _______ __________. | capital resources
| If you don’t have enough money to buy the materials to build a club house, you have an __________ ________________. | economic problem
| The money you earn is called________________. | income
| When people depend on each other this is called____________________. | interdependence
| A _______________ is a person who uses goods or services. | consumer
| Resources found in people, such as their skills and ideas are ________ ___________. | human resources
| If you don’t have enough resources to satisfy your wants you have_________ ___________. | limited resources
| Books, chairs, and shoes are examples of ___________________. | goods
| Putting resources together to make goods or provide services is called __________________. | production |
