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QR Challenge: Economics Vocabulary

QuestionAnswer
an activity that people do to help other peopleservice
someone who buys or uses goods or services2consumer2
what you get when you make a choice3benefit3
the amount of money you pay to buy something4price4
not having enough resources to meet people's unlimited wants5scarcity5
a person who makes or grows something6producer6
the exchange of goods or services without money7barter7
things that people would like to have but do not have to have to stay alive8wants8
when more than half the people vote for something9majority rule9
things people make or grow10goods10
things that people must have to live11needs11
what you give up when you make a choice12opportunity cost12
the way money, goods, and services are used in society13economics13
the money people make when they work14income14
a service from a bank that allows people to earn interest on their money15savings account15

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