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3rd grade economics

memorize.ai (lvl 286)

Section 1

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goods

Front

1 / 10

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Last updated

1 year ago

Date created

Mar 1, 2020

Cards (10)

Section 1

(10 cards)

goods

Front

things made or grown by people to sell to others

Back

needs

Front

things you must have to live

Back

savings

Front

the money a person earns but does not spend

Back

producer

Front

a person or group who makes products or provides a service

Back

budget

Front

a plan that shows a person's income, expenses, and savings

Back

services

Front

work that one person or group does for another

Back

demand

Front

the amount of a good or service that people want and can pay for

Back

supply

Front

the amount of product that producers want to sell

Back

wants

Front

things you would like to have but do not need

Back

consumer

Front

a person who buys things they need or want

Back