Consumer Ed Final Review

Front

A financial institution that keeps your money safe and can provide services like checking accounts, savings accounts, loans, and credit cards.

Back

a bank

Front

__________ is a shortage of resources to satisfy the wants and needs of its people.

Back

scarcity

Front

Resources that are limited

Back

nonrenewable resources

Front

__________ is the amount or quantity of goods and services that consumers are willing to buy at various prices.

Back

demand

Front

These can be physically weighed or measured.

Back

goods

Front

_________ is the amount of goods and services that producers will provide at various prices.

Back

supply

Front

An account in which you store money for an extended amount of time and gain interest.

Back

savings account

Front

__________ is the study of making choices.

Back

economics

Front

These are things that you wish you could have.

Back

wants

Front

An account with a bank or credit union that allows you to deposit and withdraw money.

Back

checking account